Stock Market Recap: Sensex closes 324 pts higher, Nifty above 24,950;

BEL

surges 4%,

HCLTECH

Tech gains 2%

Indian equities extended their upward momentum on Wednesday, marking the Nifty’s sixth straight advance. Market sentiment was buoyed after U.S. President Donald Trump confirmed ongoing negotiations with India to ease trade hurdles. Hopes of potential cuts in goods-and-services tax (GST) and expectations of a U.S. interest rate reduction further lifted investor confidence. Index Performance The S&P BSE Sensex climbed 323.83 points (0.4%) to finish at 81,425.15. The NSE Nifty 50 advanced 104.50 points (0.42%), settling at 24,973.10. Top Movers On the 30-share Sensex,

, Technologies, , , and emerged as key gainers, rising between 2% and 4.3%. Broader Market Action Small-cap index added 0.7%. Mid-cap index rose 0.9%. Key Drivers Trump’s statement about continued discussions with India and an upcoming talk with PM Narendra Modi revived hopes of progress after weeks of trade friction. Anticipation of a possible U.S. Federal Reserve rate cut next week provided further support, particularly to IT counters, with the sector surging 5.5% over the last two sessions. Sector & Stock Highlights Textile stocks such as Welspun Living, Vardhman Textiles, Trident, and Arvind rallied 3.7% to 10%, driven by optimism surrounding a potential U.S.-India trade pact. Seafood exporters Apex Frozen and Avanti Feeds soared 15.7% and 14.8%, respectively, after trade optimism combined with the European Union’s approval of 102 additional Indian seafood facilities for exports.