Indian stock markets ended higher on Friday, with the BSE Sensex rising 232 points to close at 75,415 and the NSE Nifty gaining 65 points to finish at 23,719. Banking stocks led the advance as cautious optimism about U.S.-Iran peace talks supported sentiment.
Axis Bank rose 2.52 percent, ICICI Bank gained 1.91 percent and HDFC Bank added about 1 percent. Trent was the top Sensex gainer, climbing 3.01 percent. Sun Pharma, ITC and Power Grid were among the losers, falling up to 2.43 percent.
The Indian rupee strengthened 63 paise to close at 95.73 against the U.S. dollar, aided by Reserve Bank of India intervention. Markets had opened higher but pared gains in the afternoon amid profit booking. The Sensex touched an intraday high of 75,811 before settling lower.
Investors weighed geopolitical uncertainty against hopes that diplomacy could ease Middle East tensions affecting oil supplies. Foreign institutional investors have been net sellers in 2026, but domestic buying provided support. Analysts said volatility is likely to persist until a clear outcome emerges from Iran negotiations.
ICICI Bank, HDFC Bank, Axis Bank, Reliance Industries and Trent contributed most of the Sensex’s gains on Friday. The Nifty IT index advanced about 4.3 percent during the week while the Nifty FMCG index declined more than 1.5 percent. Markets will remain closed Monday for the extended holiday weekend.
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Sources:
https://tradingeconomics.com/india/stock-market