Indian Equity Benchmarks Open Strong

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Friday. While BSE Sensex crossed the 80,100 mark, Nifty50 went above 24,350. At 9:20 AM, BSE Sensex was trading at 80,022.48, up 221 points or 0.28%. Nifty50 was at 24,332.30, up 86 points or 0.35%.

Market's future trajectory will likely be influenced by international market signals and fourth-quarter corporate performance reports.

Global Market Influence

US stocks advanced on Thursday, marking three consecutive days of gains, supported by technology sector strength as investors evaluated mixed corporate results and monitored US-China trade discussions.

Asian equities started higher on Friday, following US market optimism about earlier Federal Reserve rate cuts and positive earnings from Alphabet Inc.

Commodities and Investments

Gold prices climbed on Friday, poised for their third straight weekly increase, as market participants keenly observed the progress in trade talks between the U.S. and China.

Oil prices increased slightly on Friday but remained set for weekly declines, as potential higher OPEC+ production and prospects of Russia-Ukraine peace talks could boost supply, whilst uncertain U.S. tariff positions affect demand forecasts.

Foreign portfolio investors shifted to net purchases of Rs 8,250 crore on Thursday, whilst domestic institutional investors offloaded shares worth Rs 534 crore.