Mumbai : Indian equity markets ended the session in positive territory on Wednesday, driven by optimism surrounding the India-US trade deal and GST rationalisation. Sensex closed at 81,425.15, up 323 points or 0.43 per cent. The 30-share index opened at 81,504.36 against the previous session’s 81,101.32 and touched an intra-day high of 81,643.88 amid buying in IT and FMCG stocks.
Nifty ended at 24,973.10, up 104.50 points or 0.42 per cent.
“Renewed optimism around India-US trade negotiations lifted market sentiment. Anticipation of stronger H2 FY26 earnings, driven by GST rationalisation and monetary easing, is supporting valuations,” analysts noted.
The IT index outperformed on hopes of a potential Fed rate cut next week and expected revival in technology spending. Investors closely watched developments in India-US trade talks for potential resolution on tariff-related issues.
Top Sensex gainers included BEL, HCL Tech, Bajaj Finance, Axis Bank, TCS, Tech Mahindra, Infosys, SBI, L&T, Adani Ports, ITC, Bajaj FinServ, and Kotak Bank. In contrast, Mahindra and Mahindra, Maruti Suzuki, Tata Motors, Ultratech Cement, Eternal, and PowerGrid ended lower.
Most sectoral indices finished in green. Nifty Fin Services rose 161.80 points (0.62%), Nifty Bank gained 319 points (0.59%), Nifty FMCG surged 359 points (0.64%), and Nifty IT soared 927 points (2.63%). Nifty Auto declined 348.55 points (1.28%) due to profit booking.
The broader market mirrored the rally. Nifty Smallcap 100 advanced 130 points (0.73%), Nifty Midcap 100 jumped 535 points (0.93%), and Nifty 100 ended 319 points (0.59%) higher.
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