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Market Commentary

Indian benchmark indices opened on a positive note and extended their gains throughout the session, supported by improving global sentiment, easing geopolitical tensions, and stable crude oil prices . The Nifty maintained its upward momentum and closed near the crucial 24 ,000 mark, reflecting sustained buying interest despite some sector -specific weakness

* At close, the Nifty 50 gained 0 .59 % to settle at 24 ,005 , while the Sensex advanced 0 .58 % to close at 76,922 .

* On the sectoral front, Nifty Realty and FMCG emerged as the top - performing sectors, witnessing broad - based buying interest throughout the session . In contrast, Nifty IT and Metal remained the key laggards, as selling pressure persisted in technology and commodity - linked stocks .

* The broader market also ended on a positive note, indicating healthy market participation beyond the benchmark indices . The Nifty Midcap 100 index gained 0 .34 % to close at 62 ,008 , while the Nifty Small cap 100 index advanced 0 .36 % to settle at 18,931 .

* Gift Nifty signals a positive opening for the Indian market . Nifty spot in today's session is likely to trade in the range of 23 ,850 - 24 ,250 .

Global Updates

* Institutional capital allocations reflected selective style rotation and tactical profit -taking ahead of key labour metrics during the New York cash session on Wednesday .

* U.S . cash equity indices experienced a mild pullback on Wednesday, snapping a short - lived recovery as large - cap technology components faced renewed distribution . Equities found some structural insulation from the fixed - income grid, where Treasury yields pared their intraday gains following a weaker - than - expected U.S . ISM manufacturing report, cushioning the broader market's downside .

* Representatives from Washington and Tehran initiated formal technical negotiations in Doha, Qatar, operating under a mediated shuttle structure alongside Pakistani and Qatari envoys .

* Asian regional benchmarks are displaying deep structural divergence this morning Nikkei 225 : - 1,037 .90 pts (- 1.47 %) |KOSPI : - 407 .16 pts (- 4 .90 %) | S&P/ASX 200 : - 18.0 pts (- 0 .21%)

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