Sensex Climbs 123.58 Points; Nifty Takes Winning Run to 7th Day

New Delhi / Mumbai, Sept 11: The Indian stock markets rose steadily today, with the Sensex gaining **123.58 points** and the Nifty continuing its winning streak for the **seventh consecutive day**. Investor optimism was driven by hopes of improving trade relations between India and the United States.

What Fueled the Rally

The boost came following strong cues from global markets, along with announcements of possible reductions in trade barriers, and speculation that upcoming policy reforms may help stabilise economic indicators. The GST cuts and improved sentiments in commodities also lent momentum.

Sector-Specific Gains

Indices of sectors such as banking, metals, and infrastructure saw significant gains, with some rallying nearly 1–2%. Meanwhile, technology and consumer goods stocks saw mixed outcomes — profit booking pulled back gains in select names.

Market Outlook

Analysts believe that sustained momentum will depend on follow-through in trade talks, stability in macroeconomic data, and global investor sentiment. Key resistance levels for the Sensex are expected around current highs, while Nifty may test new thresholds as well.

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Source: Market Reports / Daily Excelsior summary of financial news

Labels: Sensex, Nifty, Stock Market, Trade Relations, Investor Sentiment

Tags: #Sensex #Nifty #Markets #Trade #DailyExcelsior

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