Markets rally: Nifty above 25k, Sensex gains 356,on trade optimism

The domestic share market traded higher on Friday, with the Nifty 50 extending gains for an eighth straight session as softer U.S. labour data eased inflation concerns and strengthened expectations of a Federal Reserve rate cut.Optimism over progress in U.S.-India trade talks further supported sentiment.At close, the Sensex was up 355.97 points or 0.44 percent at 81,904.70, and the Nifty was up 108.50 points or 0.43 percent at 25,114. About 1922 shares advanced, 2036 shares declined, and 138 shares unchanged.
Bharat Electronics, Bajaj Finance, Shriram Finance, Hindalco, Bajaj Finserv were top gainers on the Nifty, while losers included HUL, Wipro, Trent, Eternal, Bajaj Auto.On the sectoral front, auto, pharma , metal, telecom added 0.5-1 percent, while realty, FMCG, media, PSU Bank ended lower.BSE Midcap and smallcap indices are trading flat.
Market This Week: 
●Market posts biggest weekly gain in nearly 3 months, up for 2nd straight week,
●Sensex, Nifty & Nifty Bank register gain of over 1 percent each
●Midcaps outperform with the index rising 2 percent for the week,
●All sectoral indices see gains with IT & PSU gaining the most
Rupee Close:
On 12 Sep'25,the Indian rupee ended 17 paise higher to close at 88.28  against the US dollar on Friday amid trade talks optimism.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated,the national market closed at a three-week high, supported by renewed global optimism over a potential Fed rate cut. Sentiments improved further on reports that the EU may reject U.S. tariff proposals on India for buying Russian oil.Progress in U.S.-India trade talks is also expected to keep the positive momentum intact in the near term. The defence sector outperformed, aided by the Indian procurement authorities beginning negotiations for six next-generation conventional submarines.
Market experts recommended five shares to buy on Friday-Fedgina, Gokul Agro, Pondy Oxides and Chemicals, India Nippon Electricals, Sanathan Textiles.

(Business Correspondent)