Market Overview - The equity market experienced a rebound, with Sensex surpassing 85,200 and Nifty crossing 26,000, driven by optimism regarding an India-US trade deal and strong performances from IT and PSU bank stocks [1][2] - Sensex closed at 85,186.47, up 513.45 points (0.61%), while Nifty 50 rose 142.60 points (0.55%) to 26,052.65 [2] - Volatility decreased as India VIX fell to 11.84, indicating a supportive environment for market recovery [2] Sector Performance - The Nifty IT sector outperformed with a gain of 2.97%, while Nifty PSU Banks increased by 1.16% [5] - The Bank Nifty index recovered from initial weakness, closing at 59,216, up 0.54% [5] - Corporate earnings downgrades have largely stabilized, and the investment cycle is strengthening across sectors, contributing to a positive medium-term outlook [2] Stock Movements - Max Health, HCL Technologies, Infosys, Wipro, TCS, and Hindustan Unilever were among the top gainers in Nifty 50, while Tata Motors Passenger Vehicles, Coal India, Maruti, Bajaj Finance, and Adani Ports lagged [8] - Infosys announced an ₹18,000 crore share buy-back, positively impacting its stock and the IT index sentiment [8] - In the midcap segment, Coforge, Persistent Systems, and Bharat Forge saw gains of 3-4%, while Waaree Energies and Biocon declined by 2-3% [10] Investor Sentiment - Renewed investor confidence in the Adani Group, following lender support for their acquisition, has positively influenced market sentiment [12] - A shift away from AI-heavy investments has led to increased flows into emerging markets like India, contributing to its relative outperformance [7] Trading Activity - A total of 4,346 stocks were traded on the BSE, with 1,841 advancing and 2,338 declining [9] - 123 stocks reached a 52-week high, while 205 hit a 52-week low, indicating mixed market conditions [9]

Core Viewpoint - The Indian stock market indices, Nifty 50 and Sensex, have shown positive momentum, driven by banking and pharmaceutical stocks, amid improving global sentiment and renewed foreign investor interest [1][6]. Market Performance - The Sensex closed at 82,500.82, up by 328.72 points or 0.40%, while the Nifty 50 ended at 25,285.35, gaining 103.55 points or 0.41% [2]. - Both indices recorded weekly gains of approximately 1.5%, with Nifty advancing 1.57% and Sensex climbing 1,290 points, marking their second consecutive week of gains [2]. Sectoral Performance - Nifty Realty and PSU Bank indices were the top gainers, each surging around 1.70%, while Nifty Pharma advanced 1.3% and Nifty Bank increased by 0.74% [3]. - Nifty Metal declined by 0.9%, and Nifty IT slipped by 1.10%, ending as the only major laggards [3]. Individual Stock Movements - Cipla led the Nifty 50 gainers, surging 3.63% to ₹1,568, followed by State Bank of India, which jumped 2.22% to ₹881.25 [4]. - Tata Steel was the top loser, falling 1.46% to ₹173.85, followed by TCS, which declined 1.10% to ₹3,028 [4]. Broader Market Trends - The Nifty Midcap 100 advanced 0.46% to 58,697.40, while the Nifty Next 50 rose 0.24% to 68,687.25 [5]. - Market breadth improved significantly, with 2,424 stocks advancing against 1,766 declines on the BSE [5]. Investor Sentiment and Future Outlook - Positive investor sentiment was bolstered by optimism over a potential India–US trade deal and easing geopolitical tensions in the Middle East [6]. - Foreign portfolio investors recorded net purchases of ₹2,830 crore over the past three sessions, indicating strong institutional flows [6]. - Analysts expect the positive momentum to continue, supported by ongoing earnings season and improving macroeconomic indicators, with the Nifty potentially moving towards 25,500–25,550 [7].