Indian stock indices moved higher as the Friday session progressed and in the process touched a fresh high, triggered by the latest moderation in US inflation, better-than-expected TCS results, and lack of negative market fundamentals.
The NSE Nifty 50 index opened at 24,379 points with a gain of 64 points, while the BSE Sensex also surged 193 points to 80,093 during the opening trade.
Market sentiment on Thursday was subdued as investors awaited the first-quarter results of TCS and contended with the weekly expiry of Nifty futures and options contracts.
The Nifty 50 index opened at 24,396.55, gaining 67 points at the opening, while the BSE Sensex sustained positive momentum, opening at 80,170 with a gain of 230 points.
Indian stock markets opened the day's trading with minor gains on Wednesday. The Sensex opened at 80,481.36, up 29.72 points or 0.16 per cent, while the Nifty opened at 24,459.85, up 26.65 points or 0.11 per cent.
Having closed flat on Monday, the Indian benchmark indices closed in the green after they touched a fresh all-time high during the day's trade. Sensex touched a new all-time high at 80,397, up over 400 points
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The NSE Nifty 50 index gained 40 points to 24,360 points, while BSE Sensex also surged marginally with a gain of 180 points to 80,110 at the time of filing this report. Tuesday marks the second consecutive day when markets opened on a flat note.
The BSE Sensex closed 53.07 points down at 79,996.60, falling just short of the 80,000 mark, while the NSE Nifty inched up 21.70 points to close at 24,323.85.
Among the Nifty 50 shares, 26 advanced while 24 declined in early trading. The top gainers included Cipla, Divis Lab, Bajaj Auto, Hindalco, and Hindustan Unilever.