Global Boost Lifts Indian Benchmarks; Sensex Up 0.44%

Global Boost Lifts Indian Benchmarks; Sensex Up 0.44%

The Nifty 50 index was up by 78.80 points to 25,977.35 while the Sensex was up by 385.13 points to 85,203.26.

Indian equity benchmarks, the Sensex and Nifty, traded higher on Friday, extending previous session gains, driven by firm global cues including positive overnight closes in US markets and gains across major Asian indices. The market received a boost from improved risk sentiment following the US Federal Reserve's interest rate cut, which was further supported by a decline in India's Volatility Index by 2.5% to 10.14, signaling reduced uncertainty. Investor sentiment also benefited from the "warm and engaging" talks between Prime Minister Narendra Modi and US President Donald Trump, which offered reassurance amid ongoing trade concerns. Around 10 a.m., the Sensex was up 0.44% at 85,188.85 and the Nifty advanced 0.46% to 26,017.15, with market breadth firmly positive as advancing shares significantly outnumbered declining ones, led by gainers like Hindalco Industries, Larsen & Toubro, and Tata Steel.

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