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Below the Quote on Daily market commentary by Mr. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd

Equity markets staged a strong recovery on Friday, with the Nifty50 closing at 25,112—up 319 points or 1.3%—snapping a three-day losing streak. Investors drew relief from US President Trump’s statement that a decision on direct US involvement in the Israel-Iran conflict would be taken within two weeks, temporarily calming nerves. Brent crude fell about 2.5%, reacting to signs of easing tensions. The broader equity markets outperformed, with the Nifty Midcap100 rising 1.5% and the Smallcap100 gaining 1.0%. The rally was broad-based, with all sectoral indices ending in the green, led by Financials after the RBI eased provisioning norms for project and infrastructure loans from 5% to as low as 1%, effective October 2025. This is particularly positive for power financiers like PFC and REC, due to their large exposure to power sector projects. Continued buying by both FIIs and DIIs for the third straight session further supported market breadth. Looking ahead, global cues will remain key, with investors eyeing US manufacturing and services PMI, and further developments on the geopolitical front. Markets may consolidate with bouts of volatility

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