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Equities roar back on NDA's ascent, banks & FMCG lead surge

By Business Standard - 6 months ago
The domestic stock market staged a comeback today, clawing back most of Tuesday's losses. Buoyed by the NDA's promise to form a government, the Nifty surged past 22,600 with financials, autos and FMCG leading the charge. However, experts caution of continued volatility until the new cabinet is formed. The long-term outlook for Indian equities, however, remains positive.

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