The BSE Sensex rose 387 points, or 0.5%, to 81,752 in early trade on Friday, halting losses from the previous two sessions. The Nifty 50 also climbed 0.5% to trade above 24,900. The gains followed news that US President Donald Trump postponed a decision on US involvement in the Israel-Iran conflict by two weeks.
All sectors traded in the green, led by financials, healthcare, and auto. Small-cap and mid-cap indices also advanced, rising 0.4% and 0.3%, respectively. However, traders remained cautious ahead of the RBI’s monetary policy meeting minutes due later today, looking for clues on the future interest rate path amid easing inflation. Among early gainers were Mahindra & Mahindra (2.5%), Bharti Airtel (1.7%), Power Grid (1.6%), Reliance Industries (1.1%), and Nestle India (1.0%). For the week, the index is on track for a 0.8% gain, recovering from losses in the previous week, supported by strong domestic economic data.
