Nifty reclaims 26k as market rebounds, Sensex gains 513 pts

The domestic share market indices rebounded back on Wednesday, erasing all the previous session losses with Nifty closing above 26,000 led by IT and financials.At close, the Sensex was up 513.45 points or 0.61 percent at 85,186.47, and the Nifty was up 142.60 points or 0.55 percent at 26,052.65.
HCL Technologies, Max Healthcare, Infosys, Wipro, TCS were the top gainers on the Nifty, while losers included TMPV, Coal India, Maruti Suzuki, Adani Ports, Bajaj Finance.On the sectoral front, IT index rose 3%, PSU Bank index added 1.2%, while media index down 0.3% and realty index down 0.4%.Broader indices remained mixed, with BSE Midcap index rising 0.3%, while Smallcap index fell 0.4%.
Rupee Close: 
On 19 Nov'25,closed 2 paise higher at 88.58  against the U.S. dollar on Wednesday, aided by buying momentum in domestic equity markets and lower crude oil prices overseas.Forex traders said a strong American currency and outflow of foreign capital prevented a sharp gain in the rupee even as investors were concerned about the progress on the proposed India-U.S. trade deal.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated, National indices staged a strong rebound on renewed optimism over an India–US trade deal, following encouraging comments from the Union Commerce Minister.Large caps led the gains, outperforming the broader market.The IT sector rallied on revived hopes of a Fed rate cut, supported by soft U.S. labour data and currency tailwinds, while PSU banks gained on merger-related news and improving fundamentals.Attention now turns to tomorrow’s FOMC minutes for further policy signals.
Market experts recommended five shares to buy on Wednesday- Faze Three, SeQuent Scientific, Control Print, Anand Rathi Share and Stock Brokers, and Supriya Lifescience.

(Business Correspondent)