The domestic market has sourced on renewed investor confidence, largely propelled by interest in banking, financial and tech stocks.

After a flat opening at 81,274.79, Sensex climbed 623.11 pts or 0.77 per cent to 81,830.28 at 1.32 pm, hitting an intraday high of 81,842.80. Nifty 50 gained 181.70 pts or 0.73 per cent to 25,075.95, close to the day’s high of 25,085.65 against the previous close of 24,894.25.

The midcap segment outperformed the smallcap index, gaining 0.50 per cent, while the smallcap index saw a modest rise of 0.10 per cent. On the sectoral front, the Nifty IT index surged nearly 2 per cent and banking and financial indices advanced over 1 per cent. All indices traded in positive territory except for metals, media, FMCG, and pharma.

The heavyweight banking and financ

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