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Nifty Closes Above 26,000 after Strong Recovery

Nifty surged above 26,000 led by gains in realty and auto stocks, with Shriram Finance reaching a 52-week high.
After facing losses for four consecutive days, the Nifty index surged over 100 points, closing above the 26,000 mark. Realty and auto stocks led the recovery, while midcap stocks outperformed the benchmarks. Shriram Finance gained momentum, hitting a 52 week high amid news surrounding a potential MUFG deal.