Indian benchmark indices opened in the green on Friday, supported by favourable global cues. The Nifty 50 hovered near the 25,600 mark, while the Sensex gained over 100 points in early trade.
At around 9:15 a.m., the Sensex was trading 150.40 points or 0.18 per cent higher at 83,906.27, while the Nifty added 54.50 points or 0.21 per cent to reach 25,603.
The Nifty Bank index was down 80.25 points or 0.14 per cent at 57,126.45 in early trade. The Nifty Midcap 100 index was trading at 59,505.65, gaining 278.25 points or 0.47 per cent. The Nifty Smallcap 100 index climbed 114.70 points or 0.61 per cent to 18,920.30.
In the Sensex pack, L&T, Tata Steel, SBI, Tata Motors, NTPC, and HCL Tech were among the top gainers, while HDFC Bank, Bajaj Finserv, Kotak Mahindra Bank, and Bajaj Finance were among the top losers.
Foreign institutional investors (FIIs) were net buyers on June 26, purchasing equities worth ₹12,594.38 crore. Meanwhile, domestic institutional investors (DIIs) were net sellers, offloading equities worth ₹195.23 crore.
According to analysts, reports suggesting that the July 9 US tariff deadline is likely to be extended are supporting positive market sentiment. US President Donald Trump has also hinted at a “very big” trade deal with India, weeks after a team of negotiators from both countries held four days of closed-door talks on the agreement.
In Asian markets, China, Bangkok, Seoul, and Hong Kong were trading in the red, while Japan was the only major market trading in the green.
In the last trading session, the Dow Jones in the US closed at 43,386.84, up 404.41 points or 0.94 per cent. The S&P 500 gained 48.86 points or 0.80 per cent to close at 6,141.02, and the Nasdaq rose 194.36 points or 0.97 per cent to 20,167.91.
IANS
