Indian Markets Open Strong

Indian benchmark equity indices opened on a strong note on Friday, extending positive market sentiment. In early trade, the Sensex gained more than 700 points, while the Nifty climbed above the crucial 24,000 mark. At around 9:30 AM, the Sensex was trading 710 points higher at 77,452, whereas the Nifty advanced 210 points to 24,172. Meanwhile, the Indian rupee strengthened by 24 paise against the US dollar to trade at 95.23, supported by improved market sentiment and positive cues.

Among sectoral performers, HCLTech, Wipro, Infosys, TCS, and Tech Mahindra led the gains, driven by strong buying interest in IT stocks. On the downside, Dr. Reddy's Laboratories, Bharti Airtel, Max Healthcare, and Sun Pharma traded lower during the session. Positive global cues and robust momentum in technology stocks continued to support the broader market in early trading.