The Indian stock market started Friday on a positive note, with the Sensex gaining 132 points and the Nifty advancing 52 points by 9:30 am. Major indices like Nifty Midcap 100 and Nifty Smallcap 100 also showed growth.
While most sectoral indices were in the green, Nifty media, PSU bank, realty, and oil and gas sectors saw a decline. Nifty metal emerged as the top gainer, rising over 0.9%, while Nifty Media experienced a 0.74% drop.
Market analysts pointed out that Nifty has immediate support at 25,100-25,150 and key support at 25,400–25,450. The Asian markets mirrored Wall Street’s positive trend, with investor sentiment buoyed by the Bank of Japan’s decision to maintain interest rates.
The ongoing trend of Foreign Institutional Investors (FIIs) selling and Domestic Institutional Investors (DIIs) buying has persisted into 2026. Analysts anticipate a potential shift in this pattern based on cues from Budget 2026, as FIIs closely monitor India’s corporate earnings for investment decisions.
In the global market scenario, Asian indices like China’s Shanghai and Shenzhen, Japan’s Nikkei, Hong Kong’s Hang Seng Index, and South Korea’s Kospi, all saw gains. The US markets closed higher, with Nasdaq, S&P 500, and Dow Jones posting positive returns.
