Indian equity markets ended higher on Friday, with benchmark indices recovering in the second half of trade. The Sensex rose 232 points, while the Nifty 50 closed above the 23,700 mark, supported by buying in banking and select large-cap stocks.
Market sentiment remained mixed through the session as investors tracked global cues, including movements in crude oil prices and ongoing geopolitical tensions involving the US and Iran. Concerns over potential disruptions in the Strait of Hormuz kept investors cautious, though domestic buying helped support the recovery.
Among major gainers, Reliance Industries and ICICI Bank led the upward move, contributing significantly to index gains. Banking stocks remained firm overall, helping offset weakness in other sectors.
On the losing side, ITC and Infosys were among the key laggards, with IT stocks showing some pressure during the session. Select FMCG and IT counters dragged the market intermittently, limiting broader upside.
Broader markets also saw selective buying, though volatility remained present across sectors. Investors continued to focus on stock-specific action and quarterly earnings cues for direction.
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