Overview
- Benchmarks closed at Nifty 25,005.50 and Sensex 81,548.73, marking a seven-day advance and the Nifty’s first finish above 25,000 since August 21.
- Gains were led by energy, oil & gas and power shares, while IT and auto indices declined on profit-taking.
- Foreign investors were modest net sellers at Rs 115.69 crore as domestic institutions bought Rs 5,004.29 crore, and the rupee weakened to 88.44 per US dollar.
- Analysts pointed to encouraging signals on US–India trade talks and expectations of a near-term Federal Reserve rate cut as key supports for equities.
- Corporate focus turned to Infosys after its board approved a Rs 18,000 crore share buyback, and early Friday trade signaled further momentum with Nifty near 25,100.