Stock Market: Recovery in the last hour, due to these reasons the market closed near the upper levels:

News Topical, Digital Desk : The stock market saw a recovery in the final session of the week, with major indexes closing near their highs. On Friday, the Nifty gained 58 points to close at 24,894, and the Sensex gained 224 points to close at 81,207. The banking sector index also saw significant gains in today's session.

How did the sectors perform today?

In the broad market, the mid-cap and small-cap indices outperformed the Nifty. Both sectoral indices closed with gains of over half a percent. The metal sector performed the best among sectoral indices, rising nearly 2 percent. The public sector bank index gained over 1 percent. Autos saw a slight decline today, but the index managed to recover some of its initial losses. Realty and healthcare stocks fell today.

What led to the recovery?

Several factors contributed to the recovery today, including buying in the metal sector, which led to the highest gain in the index today. Tata Steel was the biggest gainer on the Nifty. Buying in these sectors also improved market sentiment. The financial services sector's afternoon rally and the IT sector's recovery of over 200 points from its lows also helped the market . Furthermore, the Finance Minister's statement emphasizing increased spending to support growth also improved market sentiment. The Finance Minister reiterated that the government is committed to increasing capex to accelerate growth. He also stated that India will experience tariff impacts, but they will not be significant. This has sent positive signals to the market.