Market Sentiment - Renewed optimism around ongoing trade negotiations between India and the U.S. has lifted market sentiment, with expectations of stronger H2 FY26 earnings driven by GST rationalization and monetary easing benefits [1][14] - The IT index has outperformed due to hopes of a potential Fed rate cut and a revival in technology spending, with investors focused on the progress of India-U.S. trade talks for constructive resolutions to tariff-related issues [2][14] U.S. Market Performance - The S&P 500 and Nasdaq reached intraday record highs following cooler-than-expected inflation data, which kept the U.S. central bank on track to cut borrowing costs this year [6][14] - U.S. producer prices unexpectedly fell in August, leading traders to increase bets on interest-rate cuts, with a 90% probability for a 25-basis-point reduction at the upcoming Federal Reserve meeting [7][14] Company Highlights - Oracle's stock surged 41% to a record high, marking its largest one-day percentage gain since 1992, after announcing expectations for booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars [7][14] - Waaree Energies, HDFC Bank, and Kotak Mahindra Bank were among the most active stocks in terms of turnover on the BSE, indicating high trading activity [9][15] Technical Analysis - The Nifty index gained over 100 points, closing at 24,979, supported by a bullish crossover in the RSI above 50, indicating positive momentum [8][15] - Sustaining above the levels of 24,820–24,750 may lead the index towards 25,160 and higher levels, while support remains at the same lower range [8][15] Stock Activity - Over 118 stocks reached their 52-week highs, including Muthoot Finance, Bosch, and Maruti Suzuki, while 53 stocks hit their 52-week lows [12][15] - Stocks showing strong buying interest included Oracle Financial Services Software, Welspun India, and Vardhman Textiles, while significant selling pressure was observed in stocks like NTPC and Tata Motors [11][13][15]