The S&P BSE Sensex rose 0.44% to 84,997.13, up 368.97 points, while the NSE Nifty 50 gained 0.45% to end at 26,053.90.
This is how analysts read the market pulse:
The domestic market ended strongly, supported by positive cues from Asian markets and improved clarity on global trade dynamics, said Vinod Nair, head of research at Geojit Investments.
“Optimism over potential progress in India-US trade talks further lifted sentiment. Oil stocks led the rally as crude prices eased expectations of higher OPEC+ production, while metal stocks advanced amid firm commodity prices and supply constraints,” Nair said.
The Fed’s upcoming decision remains a key event for global markets, Nair said. He adds that while interest rates are widely expected to be cut by 25 basis points, investors will closely monitor commentary on further rate cuts, which will determine the future market trajectory.
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American markets
Wall Street’s major indexes hit record highs on Wednesday, with Nvidia becoming the first company to surpass its $5 trillion valuation, as investors awaited an expected Federal Reserve rate cut and a wave of Big Tech results. Nvidia shares rose 4.7%, barreling past the milestone after CEO Jensen Huang announced $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government.
The stock is up about 50% so far this year and was among the biggest gains for U.S. stocks in 2025. Apple briefly topped the $4 trillion market cap mark on Tuesday, while Microsoft is trading above that level.
European markets
European shares hovered near recent highs on Wednesday, with sentiment helped by new AI deals and the prospect of improving US-China trade ties, as traders awaited a US Federal Reserve meeting and expected a 25 basis point rate cut.
Wall Street closed at a record high on Tuesday after Nvidia announced it would build seven supercomputers for the U.S. Department of Energy and Microsoft reached a deal that allowed OpenAI to restructure. European shares hovered near recent highs on Wednesday, with sentiment helped by new AI deals and the prospect of improving US-China trade ties, as traders awaited a US Federal Reserve meeting and expected a 25 basis point rate cut.
Wall Street closed at a record high on Tuesday after Nvidia announced it would build seven supercomputers for the U.S. Department of Energy and Microsoft reached a deal that allowed OpenAI to restructure.
Technical view
Optimism over the progress of the US-China deal took the Nifty higher, said Rupak De, Senior Technical Analyst at LKP Securities. He added that market participants, however, preferred to wait for the Fed’s rate decision and its forward-looking commentary before pushing the index above its recent high.
“Sentiment remains intact with a strong bullish technical setup. Initial support is placed at 25,850, below which the index may enter a consolidation zone. On the higher side, once Nifty definitively settles above 26,100, it is likely to move towards 26,300/26,500 in the near term,” De said.
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Most active stocks in terms of turnover
Adani Green Energy (Rs 3,977 crore), Blue Dart Express (Rs 2,204 crore), ICICI Bank (Rs 2,202 crore), Varun Beverages (Rs 2,174 crore), SAIL (Rs 2,014 crore), HDFC Bank (Rs 1,791 crore) and RIL (Rs 1,786 crore) were among the most active stocks by value on BSE. Higher activity in a counter in terms of value can help identify the counters with the highest trading turnover per day.
Most active stocks by volume
Vodafone Idea (shares traded: Rs 82.59 crore), Suzlon Energy (shares traded: Rs 15.49 crore), SAIL (shares traded: Rs 14.34 crore), Reliance Power (shares traded: Rs 8.67 crore), Adani Power (shares traded: Rs 6.78 crore), Sagility India (shares traded: Rs 6.01 crore) and Indian Oil Corp (shares traded: Rs 6.01 crore). 5.84 crore) were among the most actively traded stocks on NSE by volume.
Stocks that show buying interest
Shares of Blue Dart, Five-Star Business Finance, Adani Green Energy, Varun Beverages, HEG, Century Texttiles and Graphite India were among the stocks that witnessed strong buying interest from market participants.
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52 Week High
More than 179 stocks hit their 52-week highs today, while 78 stocks fell to their 52-week lows. Tata Steel, SBI and Bharti Airtel were among those that hit 52-week highs.
Stocks see selling pressure
Stocks that witnessed significant selling pressure were Mahindra & Mahindra, Eternal, Maruti Suzuki, Bajaj Finance, Kotak Bank, L&T and HUL.
Sentiment gauge bearish
Market sentiment was bearish. Of the 4,325 shares traded on the BSE on Wednesday, 1,668 shares witnessed a decline, 2,482 a rise, while 175 shares remained unchanged.
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(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of the Economic Times)
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