Indian stock markets witnessed a sharp recovery on Friday as the Sensex and Nifty surge to 1% each, snapping a five-day losing streak. Positive global cues and improved investor sentiment fueled the bounce-back, with both benchmarks reclaiming key levels.
Gains were broad-based, with all sectoral indices closing in the green. Banking, IT, and energy stocks led the rally, with notable contributions from industry giants like Reliance Industries, Infosys, and ICICI Bank.
Analysts attributed the rebound to easing global concerns and a recovery in U.S. markets, which lifted sentiment across Asian markets.
On the broader market front, midcap and smallcap indices also registered impressive gains, reflecting renewed confidence among retail investors.
Market experts believe the rally was also driven by technical factors, as indices were oversold after the recent correction.
Strong Investor Response on Final Day of DAM Capital Advisors IPO Subscription
Despite the Sensex and Nifty Surge, experts advise investors to remain cautious, citing persistent concerns such as high global interest rates and geopolitical tensions. They recommend focusing on fundamentally strong stocks and staying diversified.
As markets head into the next week, investors will closely watch macroeconomic data releases and the upcoming U.S. Federal Reserve meeting for further cues. The rebound provides a much-needed respite to investors, but vigilance remains key amid uncertain global conditions.
