Indian equity benchmarks closed Friday’s trade on a higher note as banking stocks outperformed. The Nifty 50 closed the day 104 points or 0.41% higher at 25,285, and the Sensex jumped 329 points or 0.40% to end at 82,500.
Outperforming the benchmarks, the Nifty Bank settled 418 points or 0.74% higher at 56,610. The midcap stocks also surged in today’s trade. The BSE Midcap surged 164 points, or 0.36%, at 46,362.29. The BSE Smallcap finished 314 points or 0.59% higher at 53,378.57.
“Indian markets were hopeful of a steady Q2 FY26, especially in the IT services sector, while pricing in quarterly business updates across sectors. BSE IT index outperformed the other sectoral indices ahead of the Q2FY26 results. TCS reported better-than-expected c/c revenue growth, and the outlook for H2FY26 is optimistic, aided by healthy deal signings. Real estate index also ended the week on a positive note, driven by the Q2 FY26 quarter update from various real estate companies,” said Shrikant Chouhan, Head of Equity Research at Kotak Securities.
5 big highlights from today’s market action-
Indices in intraday trade
The indices closed Thursday’s session on a positive note. During the session, out of 3,174 trading stocks, 1,905 advanced, while 1,177 declined, and 92 remained unchanged. Today, 77 stocks hit a fresh 52-week high. Meanwhile, 59 stocks touched a new 52-week low.