Indian Shares Rise as Metals and Auto Stocks Rebound
Indian shares rose Tuesday as metals and autos rebounded. High oil prices and foreign selling capped gains while IT fell ahead of the Federal Reserve meeting.
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Indian equity markets maintained their recovery on Tuesday, as a rebound in metal and automotive stocks helped indices bounce back from a recent technical correction. The Nifty 50 index rose 0.74% to settle at 23,581.15, while the BSE Sensex gained 0.75% to finish at 76,070.84. This upward movement follows a two-session rally that has seen the bourses gain approximately 2% after confirming a correction last week.
