<h1>Global rate-cut hopes lift benchmarks, tech leads gains while select manufacturing and pharma rise amid mixed flows</h1> Benchmark equity indices rose following a global rally fueled by expectations of a US central bank rate cut, with technology stocks leading gains and select large-cap manufacturers and pharma also higher while some financials and industrials lagged. Market commentary cited proposed goods-and-services tax rationalisation and a strong monsoon as potential domestic demand boosters. Foreign institutional investors recorded net equity outflows. Oil prices were modestly up and international yields and US equity gains supported sentiment. The move underscores exposure to global monetary policy shifts, cross-border capital flows and domestic fiscal/regulatory developments.