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Market Commentary

Indian benchmark indices opened on a flat note and witnessed a choppy trading session amid elevated volatility owing to the weekly Sensex expiry . However, strong buying interest emerged in the final hour of trade, helping the indices recover and close near their day’s highs . Market sentiment remained supported by continued de - escalation in geopolitical tensions and a further decline in crude oil prices .

* At close, the Nifty 50 gained 0 .34 % to settle at 24 ,168 , while the Sensex advanced 0 .33 % to close at 77,409 .

* On the sectoral front, Healthcare, Financial Services, and PSU Banks emerged as the top gainers, witnessing broad - based buying interest throughout the session . Nifty IT remained the key laggard and was the only major sector to close in negative territory, while most other sectoral indices ended the day with modest gains .

* The broader market also participated in the rally, reflecting improving risk appetite among investors . The Nifty Midcap 100 index gained 0 .41% to close at 62 ,379 , while the Nifty Small cap 100 index advanced 0 .44 % to settle at 18,705 .

* Gift Nifty signals a negative opening for the Indian Market . Nifty spot in today's session is likely to trade in the range of 23 ,850 - 24 ,300 .

Global Updates

* Wall Street largely soared on Thursday, as risk sentiment was boosted after the U.S . and Iran signed an interim peace accord to end military operations on all fronts and immediately reopen the critical Strait of Hormuz . The agreement will kickstart a period of negotiations for two months to arrive at a final deal .

* U.S . equities charged back forcefully on Thursday, wiping away the vast majority of the steep losses triggered by Wednesday’s late - hour Federal Reserve scare . Investors swiftly digested the hawkish projections under Chairman Kevin Warsh, shifting their focus squarely onto massive corporate developments .

* Asian regional layouts are catching the complete force of Wall Street's chip manufacturing rush, putting up highly green, technology - focused opening configurations, with the notable exception of Australia

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