Stock market today: Sensex ends over 1,300 points, Nifty near 22,828
NEW DELHI: Indian equity markets closed on a positive note on Friday, driven by improved global cues and value buying across sectors. Benchmark indices closed in green scoring more than 1.5 per cent gains each. BSE Sensex ended the day at 75,157.26, gaining 1310.11 points or 1.77 per cent while NSE Nifty50 soared at 22,828.55, up 429.40 points or 1.92 per cent.
The uptick comes on the heels of a global rebound in equities after a turbulent US session. Investors are also factoring in positive domestic cues and expectations of steady inflation. Banking, auto, and IT stocks were among the top gainers in the early session.
Top gainers from BSE benchmark Sensex were Tatasteel, Power Grid, NTPC, Kotak Bank, Reliance while TCS and Asian paints ended in red.
“An unexpected pause on reciprocal tariffs by the US provided relief in the midst of the uncertainty. Though the IT major’s result missed the street estimates, it opines optimism in the latter half of FY26 owing to growth in the order book,” Vinod Nair, head of research, Geojit Investments Limited, said.
World markets, on the contrast plunged amid growing concerns due to a tit-for-tat tariff war between China and the US.
In Asian markets, Tokyo’s Nikkei 225 index and South Korea’s Kospi settled lower while Shanghai SSE Composite index and Hong Kong’s Hang Seng ended higher. Tokyo’s Nikkei 225 index dropped nearly 3 per cent.
European markets were also trading in red.
US markets ended sharply lower on Thursday, retreating after a strong rally a day earlier. The Nasdaq Composite plunged 4.31 per cent, the S&P 500 fell 3.46 per cent, and the Dow Jones shed 2.50 per cent.
Meanwhile, China raised additional tariffs on US imports to 125 per cent in response to Washington’s 145 per cent levies on Chinese goods, escalating trade tensions.
Foreign Institutional Investors (FIIs) sold equities worth Rs 4,358.02 crore on Wednesday.
Indian stock markets were shut on Thursday for Shri Mahavir Jayanti. On Wednesday, the BSE Sensex had declined 379.93 points (0.51 per cent) to close at 73,847.15, while the Nifty50 slipped 136.70 points (0.61 per cent) to settle at 22,399.15.
In commodities, global oil benchmark Brent crude edged up 0.32 per cent to $63.53 per barrel.
