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Below the Quote on Market by Pankaj Singh, smallcase Manager and Founder at Smart wealth.ai

“Nifty Touches 25,000: A New Bull Run?

The Nifty 50's historic ascent to 25,000 marks a pivotal moment for Indian equities. Bolstered by global optimism, domestic stability and expectations of rate cuts, the market is experiencing a robust rally.

Key Market Dynamics:

* Assets & broads: Gold's recent rally appears to be cooling, while equities are witnessing substantial broad-based growth across large, mid, small, and micro-cap segments.

* Sectors: IT and Pharma are gaining traction due to supportive policies and R&D investments. PSEs are on the rise amid macroeconomic shifts. The Oil & Gas industry is undergoing a transformation driven by energy transition. However, the Financial Services and Banking sectors are facing challenges, due macro-economic and regulatory factors. As the Indian equity market aims for sustained growth, understanding these trends can aid in making informed investment decisions.”

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