The benchmark BSE Sensex added 259.75 factors or 0.32% to shut at 80,501.99, whereas the broader Nifty 50 index closed at 24,346.70, greater by 12.50 factors or 0.05%.
Sector Watch
The Nifty 50 and BSE Sensex rose practically 1% earlier within the session earlier than trimming features. An increase in heavyweight Reliance Industries Ltd (RIL) and monetary shares offset losses in key auto names following muted month-to-month gross sales information.
Adani Ports and Particular Financial Zone jumped 4%, rising as the highest gainer on the Nifty 50 after reporting better-than-expected quarterly earnings and forecasting greater development for fiscal 2026 on the again of robust port volumes.
Nifty Auto ended 0.1% decrease. Maruti Suzuki India bucked the pattern, rising 1.2% after reporting a 7% year-on-year enhance in April gross sales, with each home and export volumes enhancing.PNB Housing Finance gained 4% following a big block deal. Media experiences indicated Carlyle Group was trying to offload its 10.44% stake within the firm.JSW Metal plunged 6% after the Supreme Court docket annulled its Rs 19,700 crore acquisition of Bhushan Energy & Metal, deeming the 2021 deal “unlawful” and ordering the corporate’s liquidation.
For the week, the Nifty rose 1.3% and the Sensex superior 1.6%, notching a 3rd straight weekly acquire.
Reliance Industries surged 9.4% over the week—its greatest weekly efficiency in practically 5 years—after reporting robust earnings on April 25.
Investor sentiment has been boosted by indicators of progress on an India-U.S. commerce deal, with President Donald Trump suggesting potential agreements with India, South Korea, and Japan.
Overseas portfolio traders remained energetic consumers, buying Indian equities for 11 straight periods via Wednesday—the longest such streak in two years—after turning internet consumers in April following three months of outflows.
Skilled View
Within the final week, the benchmark indices continued their constructive momentum, mentioned Amol Athawale, VP- Technical Analysis, Kotak Securities, including that “through the week, the market comfortably traded above the 200-day SMA (Easy Shifting Common). Technically, it has fashioned a bullish candle on weekly charts and can be holding an uptrend continuation formation on each day charts, which is essentially constructive.”
The Nifty has witnessed a bout of volatility through the week, slipping sharply after going through rejection across the 24,550 stage, mentioned Rupak De, Senior Technical Analyst at LKP Securities, including that on the each day chart, an extended upper-wick candle suggests promoting strain at greater ranges.
“Going ahead, assist is positioned at 24,250; a fall under this stage would possibly set off a correction towards 24,000. Moreover, the index could stay range-bound throughout the 24,000–24,550 band. Solely a decisive breakout above 24,550 could result in a good rally within the index,” mentioned De.
International Markets
International shares rallied on Friday as indicators of potential U.S.-China commerce talks lifted sentiment, easing considerations sparked by weak earnings from tech giants Apple and Amazon.
Beijing mentioned the U.S. had repeatedly proven willingness to barter on tariffs and that its door remained open for dialogue—remarks that helped calm markets rattled by extended commerce tensions.
The pan-European STOXX 600 rose 0.9% as of 1013 GMT, rebounding after two straight month-to-month declines. Different regional indexes additionally traded greater.
MSCI’s Asia-Pacific index outdoors Japan touched its highest since March 20, erasing losses since U.S. President Donald Trump launched a tariff offensive in early April. Japan’s Nikkei gained over 1%, whereas Hong Kong’s Cling Seng climbed 1.7%. Mainland China was shut for a vacation.
In the meantime, information this week confirmed the U.S. financial system contracted for the primary time in three years in Q1, and China’s manufacturing facility exercise fell at its quickest tempo in 16 months in April.
In commodities, gold costs climbed to $3,261 per ounce.
FII/DII Tracker
Overseas institutional traders (FIIs) prolonged their shopping for streak for an eleventh straight session, although with a modest internet buy of Rs 50 crore. Home institutional traders (DIIs) had been extra aggressive, internet shopping for equities price Rs 1,792 crore.
Crude Affect
Oil costs slipped on Friday as merchants booked earnings forward of an upcoming OPEC+ assembly and remained cautious over prospects of a U.S.-China commerce de-escalation.
Brent crude fell 42 cents, or 0.7%, to $61.71 a barrel by 0922 GMT, whereas U.S. West Texas Intermediate (WTI) dropped 46 cents, or 0.8%, to $58.78.
Foreign money Watch
The Indian rupee briefly surged to a close to six-month excessive of 83.78 in opposition to the U.S. greenback on Friday, buoyed by robust portfolio inflows and short-covering within the forex, earlier than retreating, with the rupee finally settling at 84.58, down 0.1% on the day.
Regardless of the pullback, the forex gained 1% for the week, supported by sustained overseas inflows into equities and optimism over a possible U.S.-India commerce settlement.
In the meantime, the greenback index, which measures the dollar in opposition to a basket of six main currencies, slipped 0.39% to 99.85.
Market Cap
The market capitalization of all listed corporations on the BSE decreased by Rs 1.31 lakh crore to Rs 422.81 lakh crore.
