Bullish momentum lifts Sensex by 700 pts Nifty at 25,245

The Indian share market traded on a positive note on Wednesday, buoyed by strong global sentiment as a tentative ceasefire between Israel and Iran eased concerns in the Middle East and boosted investor confidence.At close, the Sensex was up 700.40 points or 0.85 percent at 82,755.51, and the Nifty was up 200.40 points or 0.80 percent at 25,244.75. About 2711 shares advanced, 1163 shares declined, and 127 shares unchanged.
Titan Company, Infosys, M&M, Grasim Industries, JSW Steel were the top gainers on the Nifty, while losers included Bharat Electronics, Kotak Mahindra Bank, Eicher Motors, Axis Bank, ONGC.On the sectoral front,all the sectoral indices ended in the green with auto, consumer durables, IT, telecom, healthcare, media up 1-2 percent.BSE Midcap index rose 0.6 percent and smallcap index added 1.6 percent.
Rupee Close:
On 25 June'25,the Indian rupee strengthened to 86.09 per US dollar on Wednesday, rebounding sharply from the three-month low of 87 touched on June 23rd as signs of de-escalation of geopolitical conflict in the Middle East limited the outlook of capital outflows from India and supported emerging market currencies. Israel and Iran have so far refrained from retaliating their latest strikes against each other and US rhetoric pointed to willing a ceasefire. Meanwhile, uninterrupted tanker flows through the Strait of Hormuz throughout the conflict drove oil prices to plunge, limiting the amount of rupees that Indian refiners and distributers must sell to import energy, thus supporting the currency. On the monetary policy front, the RBI is expected to continue cutting interest rates as the latest headline inflation print dropped more than expected to a six-year low. The central bank has already delivered three consecutive rate cuts after holding the rate at the over-four-year high of 6.5% for one full year, according to information.
Trading Guide: 
Market experts recommended five shares to buy : CCL Products (India), SBFC Finance, LT Foods, Vishal Mega Mart, and Delhivery.

(Business Correspondent)