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Nifty extends gains for second straight session on Wednesday

25 Mar 2026 Evaluate

Nifty extended its optimistic trade for the second consecutive session and settled above 23,300 mark on Wednesday amid potential de-escalation in geopolitical tension. Index made a gap-up start and maintained its gains throughout the session as Brent crude oil prices cooled off to trade below $100 per barrel mark, after the US president Donald Trump's administration reportedly offered a 15-point ceasefire plan to Iran. Further, traders took some encouragement with a report stating that India's exports supported under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme estimated to have grown at over 20 per cent CAGR between 2023-24 and 2025-26, despite global headwinds such as weak demand, freight volatility, rising protectionism and geopolitical uncertainties. Sentiments were also optimistic as S&P Global Ratings raised India's GDP growth forecast for the next fiscal to 7.1 per cent, with private consumption, investment and exports being key drivers, but said that the conflict in the Middle East could strain the fiscal position due to higher energy prices arising from the conflict.

All sectorial indices ended in green. The top gainers from the F&O segment were Shriram Finance, Sammaan Capital and Kaynes Technology India. On the other hand, the top losers were Tech Mahindra, Power Grid Corporation of India and United Spirits. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 19000 - 20000 puts indicating this is the trading range expectation.

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