Indian equity benchmarks closed higher on Friday, buoyed by positive global sentiment, falling crude oil prices, and anticipation of a softer interest rate environment. The Nifty 50 and BSE Sensex both saw gains, with the Nifty 50 ending the week nearly 1% up. Realty and IT sectors led the gains, while PSU Banks and Auto sectors experienced declines. The rupee also strengthened against the dollar.
Indian equity benchmarks closed higher on Friday, buoyed by positive global sentiment, falling crude oil prices, and anticipation of a softer interest rate environment. The Nifty 50 and BSE Sensex both saw gains, with the Nifty 50 ending the week nearly 1% up. Realty and IT sectors led the gains, while PSU Banks and Auto sectors experienced declines. The rupee also strengthened against the dollar.