Stock Market Today: Nifty, Sensex Post Best Jump In Over Five Months; RIL, Infosys Lead

-At 3:33 p.m. Dow Jones futures fell 0.2% to 43,904.00, S&P 500 lost 0.3% to 5,951.25, and Nasdaq 100 fell 0.5% to 20,730.00.

• Germany: Deutsche Bundesbank President Joachim Nagel will speak at ECB Conference at Frankfrut — 6:30 p.m.

• US: S&P Global Flash Manufacturing PMI — 8:15 p.m.

• US: S&P Global Flash Services PMI — 8:15 p.m.

• US: University of Michigan Revised Consumer Sentiment — 8:30 p.m.

• US: University of Michigan Inflation Expectation — 8:30 p.m.

• US: Federal Reserve Governor Michelle Bowman will speak at the Annual Symposium on Building the Financial System of the 21st Century — 4:45 a.m.

Rupee appreciated 5 paise to close higher at 84.45 against the US dollar. It opened flat at 84.49 on Friday. The Indian unit closed at 84.50 on Thursday, according to data on Bloomberg.

The NSE Nifty 50 and BSE Sensex recorded the best since in over five months on Friday after ending with over 2% gain. Friday's surge helped the Nifty 50 post best week in nearly two months.

The Nifty 50 ended 524.50 points or 2.25% higher at 23,874.40, and the Sensex ended 1,961.32 points or 2.54% higher at 79,117.11.

Indian benchmarks witnessed sharp rise post 1:30 p.m. The Nifty 50 rose as much as 2.60% to 23,956.10, and the Sensex jumped 2.67% to 79,218,19. It's the highest intraday jump since June 5.

Gains across Asia and Europe supported India's large–cap gauges' upward trajectory in Friday's session. Most share indices in Asia–Pacific ended higher except Hong Kong and Mainland China's stock gauges. The CS 300 and Hang Seng indices ended 3.10% and 1.89% down, respectively.

European share indices rose on Friday as traders brushed off disappointing Germany's GDP data and UK's lower–than–expected retail sales data.

India's fear gauge saw a big swing in Friday's session. Right after open, the NSE Nifty India Volatility Index jumped 16.76% to 18.76. Advancing into the session, the index plunged 20.25%. It ended 0.67% higher at 16.10.

"Despite global challenges, India's long-term growth story remains compelling. Investors should focus on sectors aligned with structural themes such as urbanization, infrastructure, and consumption growth. Strategic portfolio adjustments, disciplined investing, and a long-term perspective are critical to navigating the current environment," said Krishna Appala, a senior research analyst, Capitalmind Research.

Reliance Industries Ltd., Infosys Ltd., ICICI Bank Ltd., ITC Ltd., and Tata Consultancy Services Ltd. added to the Nifty 50 index.

Bajaj Auto Ltd. weighed on the benchmark index.

Broader indices underperformed. BSE Midcap closed 1.3% higher and BSE Midcap was 0.9% up.

All 21 sectoral indices on the BSE closed higher. BSE focused IT rose the most.

Market breadth was skewed in the favour of buyers. As many as 2,455 stocks rose, 1,463 fell and 124 remained unchanged on the BSE.

On a weekly basis, the Nifty 50 ended 1.59% higher, recording the best weekly gains since late September. The Sensex ended 1.98% higher.

On NSE, eight sectors advanced this week, three declined, and one remained flat. The NSE Nifty Realty rose the most, while the NSE Nifty Media declined the most.

• The BSE Sensex and NSE Nifty 50 had the best session in over five months.

• The Nifty 50 and Sensex jumped the most since early June on Friday.

• State Bank of India, Bajaj Finance Ltd., Titan Co. were top leaders in the Nifty 50 index.

• Bajaj Auto was the only laggard in the Nifty 50 in index.

• The NSE Nifty IT was the best performing sector in Friday's session. The NSE Nifty Media was the worst performing sector.

• The NSE Nifty Midcap 150 ended 1.15% higher at 20,412.65.

• The NSE Nifty Smallcap 250 ended 0.98% higher at 16,912.30.