Sensex, Nifty Rise as Global Sentiment Improves, Geopolitical Tensions Ease

New Delhi – Indian equity benchmarks moved higher on Friday, lifted by easing geopolitical tensions in the Middle East and optimism over a possible US–India trade deal.

After a flat start, the Sensex rose 148 points, or 0.18 per cent, to 82,320, while the Nifty gained 40 points, or 0.16 per cent, to 25,221.

Market experts noted that Thursday’s late recovery invalidated the bearish evening star candlestick pattern, pointing to further upside. “This encourages us to look for 25,460 in the days ahead. For today, holding above 25,215 is key, while a fall below 25,113 could trigger sideways movement without breaking 24,982,” they said.

In the broader market, the Nifty Midcap 100 added 0.18 per cent and the Nifty Smallcap 100 advanced 0.28 per cent, signaling healthy participation beyond blue chips.

Sector-wise, Metals led the laggards, slipping 1.4 per cent, followed by Auto, Pharma, and Healthcare. Gains came from Banking, Energy, FMCG, IT, Consumer Durables, Oil & Gas, and Realty.

In the Sensex basket, Power Grid, SBI, NTPC, Adani Ports, and Asian Paints were among the top gainers, while Tata Steel, TCS, Bajaj Finance, M&M, and HCL Tech traded lower.

Analysts highlighted that a potential Gaza peace accord, easing geopolitical risks, and signs of trade cooperation with the US are boosting sentiment. Meanwhile, foreign institutional investors (FIIs) have turned buyers in the cash market for three consecutive sessions, further strengthening the outlook.

With inputs from IANS