LIVE: Nifty Near 24,300, Sensex Zooms Over 800 Points; RIL Up Over 2% Ahead Of Q1 Results
Nifty IT rose 1.89%, followed by Nifty Auto at 0.68%. Nifty Financial Services and Nifty Private Bank gained 0.35% and 0.33%, respectively.
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Indian benchmark indices opened higher on Friday. The NSE Nifty 50 rose 0.40% or 96.70 points to 24,169.45. The BSE Sensex gained 0.46% or 358.40 points to 77,545.27.
Meanwhile, Brent crude futures were up 0.12% at $85.03 a barrel, while US West Texas Intermediate crude was up 0.19% at $79.07 per barrel. Notably, Crude oil prices fell nearly 1% overnight but continued to hover near their highest levels since mid-June amid escalating tensions in the Middle East.
Asian markets traded lower on Friday. Japan's Nikkei 225 declined 3.48%, while the Topix index fell 1.92%. Australia's S&P/ASX 200 was down 0.7%. South Korean markets remained shut on account of a holiday.
Gold prices also came under pressure, with rising US Treasury yields and concerns over persistent inflation weighing on sentiment. Spot gold dropped 1.7% to $3,989.95 an ounce, while US gold futures fell 1.4% to $3,994.30 an ounce.
Source: NDTV Trending
