Equity benchmarks rebounded from early declines on Friday, with the Sensex climbing more than 300 points from its intraday low and the Nifty reclaiming the 25,250 level. By around 11:10 a.m., the Sensex was up 184.07 points, or 0.21 percent, at 85,904.45, while the Nifty rose 38.90 points, or 0.15 percent, to 26,254.45.
Among the Nifty50 constituents, Adani Enterprises, Mahindra & Mahindra, State Bank of India, Tech Mahindra and Kotak Mahindra Bank led the gainers, advancing up to 2 percent. Market breadth stayed constructive, with 1,802 stocks rising, 1,625 falling and 170 unchanged.
Sentiment improved on expectations of strong domestic GDP numbers, with Q2FY26 growth projected at about 7.3 percent—slightly above the RBI’s estimate—supported by favourable base effects, better kharif output, firmer rural demand and easing inflation. Hopes of a potential U.S. Federal Reserve rate cut in December also boosted buying interest.
Analysts noted that optimism over possible rate cuts by both the Fed and RBI, along with hopes of a U.S.–India trade deal, kept markets upbeat. Positive trends in Asian markets and strength in auto and metal stocks further supported the rally.
