Indian equities extend rebound as global cues stay supportive

Indian markets extended gains as the Sensex rose over 400 points and Nifty crossed 26,000, tracking supportive global cues and Fed-driven optimism ahead of key inflation data.

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Indian equities extend rebound as global cues stay supportive

Indian equities extend rebound as global cues stay supportive
Early trade on Friday saw Indian equities build on the previous session’s recovery as benchmark indices gained momentum. The Sensex jumped over 400 points while the Nifty 50 moved above the 26,000 mark, supported by buying in heavyweight stocks such as L&T and ICICI Bank. The rebound followed relief over the US Federal Reserve’s rate cut, even as the rupee remained under pressure. Investor sentiment stayed cautious ahead of domestic inflation data scheduled later in the day.
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  • sensex today
  • nifty 50