Mumbai, July 6: Indian equity benchmarks Sensex and Nifty extended their gains for the fourth consecutive trading session, supported by strong buying interest in realty and auto stocks.
The markets opened on a positive note and maintained upward momentum through the session, with sectoral strength in real estate and automobile shares leading the rally. Broader market indices also traded firm, indicating healthy participation across segments.
Analysts said investor sentiment has improved due to sustained domestic inflows and optimism in select sectors. Realty stocks gained on expectations of steady demand and strong project pipelines, while auto stocks advanced on hopes of stable sales trends and improving rural demand outlook.
However, market experts cautioned that global cues, including movements in crude oil prices, inflation trends, and overseas market performance, could influence near-term volatility. They also noted that intermittent profit booking may emerge after the recent multi-session rally.
