On Wednesday, the Nifty index experienced a significant surge, closing at 23,997.35, reflecting a 3.8% increase. This rally marks the fourth consecutive day of gains, driven primarily by favorable geopolitical developments, including a temporary ceasefire between the US and Iran, which alleviated concerns over crude oil prices and inflation. The Reserve Bank of India's decision to maintain a neutral stance on interest rates further bolstered investor confidence. All major sectors contributed to the rally, particularly rate-sensitive segments like real estate, automotive, and banking, with midcap and smallcap indices outperforming benchmarks by rising over 4%. Analysts suggest that the Nifty is approaching a critical resistance level at 24,000, with potential upward movement towards 24,300–24,700 if it breaks through this barrier. Recommended stocks for investment include Bharat Forge, Tata Steel, and Union Bank, all showing strong bullish trends and promising potential for further gains.