Indian equity benchmarks logged decisive gains on Friday to close the week on a jubilant note. The BSE Sensex jumped 879.09 points or 1.23% to settle at 72,472.33, while the NSE Nifty 50 surged 288.65 points or 1.30% to finish at 22,520.45, reflecting robust risk-on sentiment across broad market segments.
The rally was spearheaded by heavyweights in the Banking, Information Technology, and Automobile sectors. Frontline counters such as ICICI Bank, HDFC Bank, Infosys, and Tata Motors emerged as the prime catalysts powering the indices higher. On the flip side, select defensive plays in the FMCG and Healthcare baskets saw minor profit booking after recent outperformance.
Macroeconomic tailwinds substantially supported market momentum. Softening international crude oil prices eased inflation worries, while buoyant overnight cues from global bourses lifted domestic risk appetite. Meanwhile, the Indian Rupee traded with a steady bias, complemented by sustained domestic institutional inflows (DIIs) and renewed buying interest from Foreign Institutional Investors (FIIs) in large-cap equities.