Ira Singh 
The domestic share market indices traded marginally on a positive note on Wednesday, after a muted, rangebound session.At close, the Sensex was up 63.57 points or 0.08 percent at 82,634.48, and the Nifty was up 16.25 points or 0.06 percent at 25,212.05. About 2234 shares advanced, 1658 shares declined, and 150 shares unchanged.
M&M, Wipro, SBI, Nestle India and Tech Mahindra were top gainers on the Nifty, while losers included Shriram Finance, Eternal, Sun Pharma, Tata Steel and Cipla.On the sectoral front,metal index shed 0.6 percent, while realty, auto, FMCG, IT, PSU Bank and media indices added 0.5-1.8 percent.BSE Midcap and smallcap indices ended with marginal gains.
Rupee Close:
On 16 July'25,the Indian rupee closed 12 paise lower at 85.94 against the dollar on Wednesday as the US dollar strengthened, after traders dialed back expectations of rate cuts by the Federal Reserve following the latest inflation data, according to information.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated,India’s macroeconomic outlook remains strong, supported by easing inflation, lower interest rates, a healthy monsoon, and softer oil prices. A drop in inflation in eight straight months has provided a push to the market. However, investors are showing a mix of optimism and caution in the relief rally to assess the Q1FY26 corporate earnings, as an upgrade in earnings is essential in the premium valued stock market. Additionally, global sentiment is mixed amid tariff concerns—highlighted by the announcement of a 50% duty on copper—and fading hopes of a near-term U.S. Fed rate cut on account of sticky inflation, adding market uncertainty.
Market experts recommended five shares to buy on Wednesday-Heranba Industries, Diamond Power Infrastructure, Vintage Coffee and Beverages, Samhi Hotels, and PTC India.
(Business Correspondent)
