Domestic Buying Fuels Green Opening, Global Markets Also Gain

Friday’s Indian equity session opened on a green note, driven largely by fresh buying from domestic investors. The Sensex rose 683 points to 77,425 (0.89 percent) and the Nifty added 205 points to end at 24,168 (0.86 percent).

The rally was not confined to large caps; the Nifty Midcap 100 rose 494 points to 62,648 (0.80 percent) and the Nifty Smallcap 100 jumped 197 points to 19,317, delivering a 1.03 percent increase.

Information‑technology and metal sectors led the charge, with the Nifty IT and Nifty Metal indices each climbing more than one percent. Consumer durables, oil & gas, private banking and commodities also posted solid gains, while pharma and healthcare lagged behind.

Top performers within the Sensex basket included Asian Paints, ICICI Bank, Tech Mahindra, Infosys, TCS, HCL Technologies, Indigo, Axis Bank, UltraTech Cement, Maruti Suzuki, Tata Steel, BEL and Adani Ports. The laggards were Bharti Airtel, Eternal and Sun Pharma.

Market observers linked the upbeat sentiment to investors stepping in at lower valuation levels and a noticeable reduction in equity sell‑offs by foreign participants.

Across the globe, major Asian exchanges – Tokyo, Shanghai, Hong Kong, Bangkok, Seoul and Jakarta – were all in the green. In the United States, the Dow Jones gained 0.27 percent and the Nasdaq rose 1.30 percent on Thursday.

Foreign Institutional Investors recorded a net outflow of ₹532.86 crore on Thursday, whereas Domestic Institutional Investors posted a net inflow of ₹2,057.79 crore, underscoring the pivotal role of domestic capital in the market’s recent upswing.