Sensex gains 827.57 points to 77,569.39; Nifty adds 244.10 to 24,206.90
Indian equities rebounded sharply, with Sensex and Nifty up ~1% as TCS' Q1 results and improved demand commentary lifted IT, while softer Brent crude eased inflation concerns and supported banks, realty and metals. Positive global cues reinforced the bid, though sizeable FII net selling highlights lingering external risk sensitivity. Near-term tone improves via earnings momentum and lower energy inputs, but geopolitical headlines remain a key volatility catalyst.
AI InsightAI Insight
▲ Bullish
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Indian equities rebounded sharply on Friday, with the Sensex rising 827.57 points (1.08%) to 77,569.39 and the Nifty up 244.10 points (1.02%) to 24,206.90. IT stocks led after TCS reported a 4.61% year-on-year rise in Q1FY27 net profit and offered a constructive demand outlook. Brent crude fell 0.3% to USD 76.07 a barrel, easing inflation worries and supporting bank, realty and metal shares. Foreign investors posted a net sale of Rs 532.86 crore for the day.