Sensex, Nifty extend gains, profit-booking caps rise

The domestic equity benchmarks ended slightly higher today, extending gains for the third day. The barometers hit fresh highs early on, boosted by FMCG and IT sectors, but profit-booking erased most of those gains. Investors are cautious about high valuations. US Fed Chair Powell's dovish comments and a drop in US bond yields offered some support.
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