Sensex Soars 638 Points, Nifty Hits 26,172; IT, Metal Stocks Lead Rally

• Indian benchmark indices Sensex and Nifty50 closed higher, extending Friday’s rally despite mixed global cues.
• Sensex gained 638.12 points (0.75%) to 85,567.48; Nifty rose 206 points (0.79%) to 26,172.40.
• Gains were driven by buying in Information Technology (IT) and Metal stocks, boosted by optimism over India–New Zealand FTA.
• Broader markets, Nifty SmallCap 100 and Nifty MidCap 100, also ended in the green.
• Global markets in Asia-Pacific and US also showed positive trends, contributing to investor sentiment.

Why It Matters: Indian markets surged, led by IT and Metal sectors, fueled by FTA optimism and positive global cues.