HIGHLIGHTSIndian equities extended gains for a fifth straight session on Monday, buoyed by strong earnings from major banks and broad-based buying. The Nifty Bank index surged nearly 2% to hit a record high, and closed above 55,300. This rally, led by ICICI Bank and HDFC Bank after solid quarterly results, helped Indian markets reclaim the $5 trillion mark in market capitalisation.
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