Overview
- India’s Sensex rose 0.23% to 83,570 and the Nifty added 0.11% to 25,694 after an intraday jump of nearly 0.9%, breaking a two‑day slide.
- Infosys shares climbed about 5% after revenue grew 8.9% to Rs 45,479 crore and the company raised FY26 constant‑currency growth guidance to 3–3.5% from 2–3%, lifting IT peers.
- Chip and AI enthusiasm helped stabilize global risk appetite as TSMC’s strong profits and investment plans buoyed tech; U.S. stocks firmed Thursday and futures edged higher Friday with the Nasdaq outperforming.
- Crude prices swung lower on Thursday on signs U.S.–Iran tensions could cool after President Trump’s comments, then rebounded on Friday, preserving a volatile backdrop for energy and inflation.
- Local headwinds persisted in India as FIIs sold Rs 4,781 crore against DII buying, the rupee weakened to about 90.84 per dollar, and officials signaled a first tranche of an India–U.S. trade deal is close.