Markets up 1% as investors buy IT and private bank stocks
Benchmark stock indices in India rose 1% on Friday, with the Nifty and Sensex closing at 24,334.30 and 78,151.45 points, respectively, as investors reacted positively to corporate earnings reports. The increase followed a modest opening, driven by optimism surrounding upcoming quarterly earnings from major companies like Reliance Industries. This trend reflects growing investor confidence in the market amid strong domestic economic indicators.