Nifty surpasses 24,650, Sensex up 182 pts amid cooling inflation

The Indian benchmark indices ended in the green on Wednesday, recovering from their biggest one-day loss in a month, supported by gains in IT and commodity shares after softer inflation data from India and the U.S. lifted rate cut expectations.At close, the Sensex was up 182.34 points or 0.22 percent at 81,330.56, and the Nifty was up 88.55 points or 0.36 percent at 24,666.90.
Tata Steel, Shriram Finance, Bharat Electronics, Hindalco Industries, Eternal were the top gainers on the Nifty, while losers included Asian Paints, Cipla, Tata Motors, Kotak Mahindra Bank, NTPC.On the sectoral front,except bank, all other sectoral indices ended in the green with realty, oil & gas, telecom, media, IT and metal indices rising 1-2.5 percent.Broader indices outperformed the main indices with BSE Midcap index rising 1 percent and Smallcap index rose 1.6 percent.
Rupee Close:
On 14 May'25,the Indian rupee ended 7 paise higher to close at 85.27 against the US dollar on Wednesday,backed by falling crude oil prices and a weak dollar index.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments reportedly quoted as saying,market optimism is gaining momentum, driven by a sharp decline in both global and domestic risks. In this environment, the broader markets are on an upswing, supported by a strengthening recovery in local demand, as reflected in the March quarter corporate earnings. This has sparked a rally in mid- and small-cap stocks, which had underperformed earlier due to premium valuations, earnings downgrades, and moderation in foreign institutional investor (FII) and Retail inflows.
Currently, Midcaps are witnessing renewed interest, fuelled by marginal upgrades in recent earnings and the potential for a stronger rebound in FY26.
Contributing factors include a consistent decline in inflation, rising disposable incomes, increased government spending, and falling interest rates. Meanwhile, a pause in global trade tensions is boosting sentiment in international markets, with metals gaining traction amid easing concerns over an economic slowdown.
Market experts recommended five shares to buy-Centum Electronics, TD Power Systems, Allied Blenders and Distillers, Fiem Industries, and Lumax Industries.

(Businass Correspondent)