Domestic stocks advanced for a second day, buoyed by BJP-led NDA's re-election and global optimism. The Nifty climbed above 22,800 despite some profit-taking in FMCG and pharma. Realty, banks, and media stocks led the rally. All eyes are now on the RBI policy decision tomorrow, with analysts expecting rates to stay on hold, but watching closely for the central bank's comments on liquidity.
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