MUMBAI: The holiday-truncated week saw festive-driven optimism and upbeat consumer sentiment as it welcomed the Samvat 2082. However, the momentum gradually lost its steam, as geopolitical tensions and profit-taking weighed on investors' confidence.

Record festive sales underscored India’s surge in consumer demand this season, powered by resilient household spending and GST-driven affordability.

PSU banking stocks led the rally, buoyed by news of potential consolidation and better-than-expected results.

According to Vinod Nair, Head of Research, Geojit Investments Ltd, the precious metals market faced extreme volatility, suffering its sharpest single day fall in over a decade, driven by profit booking and a strengthening US dollar.

Crude oil prices surged sharply following fresh sanct

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