New Delhi, Oct. 16 -- The Indian equity benchmarks ended Wednesday's session on a buoyant note, buoyed by optimistic global cues from heightened expectations of a US Federal Reserve rate cut amid cooling inflation data. The Nifty 50 advanced 178 points, or 0.71%, settling near 25,324, while the Sensex surged nearly 575 points. The day featured robust market breadth, with the overall advance-decline ratio on the NSE improving to around 2.1, underscoring widespread buying interest over sellers. The overall outlook suggests renewed momentum as investors eye potential RBI policy easing and strong quarterly earnings.

Why it's recommended: Strong order book from defence, mining, and rail sectors, government focus on infrastructure and defence ...