On Wednesday, the Nifty index surged to 24,231.30, marking a 1.63% increase, as favorable global cues spurred a market rebound after a consolidation phase. The rally was broad-based, with all major sectors, including IT, realty, and energy, trading positively. Midcap and smallcap stocks outperformed, reflecting strong risk-on sentiment. The uptrend was primarily fueled by renewed hopes of US–Iran negotiations, which contributed to a decline in crude oil prices below $100, easing inflation concerns. Analysts now project the Nifty to target the 24,350–24,600 range, with resistance noted around 24,800. Key stock recommendations include Glenmark Pharmaceuticals, with a target of ₹2410, State Bank of India at ₹1140, and Tata Power at ₹450. Each stock shows potential for upward momentum, supported by technical indicators and market trends.