Sensex, Nifty Extend Gains on India-US Trade Hopes.
Indian equities ended higher on Wednesday, buoyed by optimism over ongoing trade negotiations with the US, though trade remained largely range-bound. The Sensex rose 313 points to 82,693.71 and the Nifty advanced 91 points to 25,330.25. Broader markets also closed in the green.
Gains in IT, banking and auto stocks drove the upmove, while metals, FMCG and pharma witnessed profit-taking. PSU banks, automobiles, IT and oil & gas shares were in focus, according to brokerages. Religare Broking’s Ajit Mishra said sentiment stayed “positive yet cautious,” supported by domestic reforms and strong local fund flows. He expects the Nifty to inch towards 25,500, with support around 25,050–25,150.
In derivatives, fresh positions were built in counters such as Persistent Systems, Dalmia Bharat, Amber Enterprises, MCX and Tata Chemicals, signaling selective activity despite subdued index moves. Analysts noted that global cues remain key, with investors awaiting clarity from the US Federal Reserve’s policy outcome and the direction of India-US tariff talks.
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