Sensex, Nifty muted a day after sharp rally, IT stocks extend gains. What lies ahead for Dalal Street?

· economictimes.indiatimes.com

Indian equities traded nearly flat after a sharp rally in the previous session, with IT stocks extending gains while pharma shares declined. Analysts flagged elevated US bond yields and crude oil prices as headwinds, even as short-covering and hopes of tax relief supported sentiment.

What lies ahead for Dalal Street?

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