Mumbai: While global indications remained generally favorable, Indian market indexes began Friday’s trading session higher. However, the local concern stemming from tensions on the India-Pakistan border limited gains for Indian indices.

With a slight increase of 55.30 points, or 0.2%, the Nifty 50 index jumped to 24,395.90. At the time this story was filed, the BSE Sensex had gained 360 points to 80,607, after starting almost flat at 80,290.34.

Market analysts said that the only thing preventing a more robust advance in Indian stocks is the continuous border tensions. They contend that a more pronounced rising trend in domestic markets would have been backed by the generally optimistic feeling in the world if there had been no such geopolitical dangers.

According to banking and market analyst Ajay Bagga, who spoke to the media report, “Indian markets are primed to go upward on positive global signals and continuous dry intestine support, but they are now burdened by Indo-Pak tensions. With the aid of the global recovery, leadership will shift to IT.

In early trading, sectoral indexes showed a mixed picture. The cautious investor mood in Nifty FMCG, Nifty Pharma, Nifty Realty, Nifty Healthcare, and Nifty Consumer Durables was reflected in their opening losses. The Nifty Auto, IT, and Media indexes, on the other hand, saw slight increases, suggesting sector-level selective purchasing enthusiasm.

Despite some economic worries, equity markets throughout the world have shown resiliency. Despite weaker-than-expected Q1 GDP figures and muted Chinese industrial data, US markets are spearheading the comeback.

Strong Big Tech profits and a reduction in US-China tensions are driving the rally, which is bolstering the larger “hope trade.” Global indications are thus still solidly positive, which creates a favorable environment for developing economies like India.

Today, we expect a number of noteworthy businesses to reveal their Q4 FY25 results in terms of corporate profits. Marico, Godrej Properties, Jindal Saw, Newgen Software Technologies, City Union Bank, Indian Overseas Bank, and Gravita India are a few of them.

“The Nifty ended the previous session flat, but not before a last-minute sell-off was aggressively bought into,” said Akshay Chinchalkar, Head of Research at Axis Securities. The candle traced a lengthy lower shadow as a result, demonstrating the importance of 24200 as short-term support. From here until 24500, resistance will still be present; a pause will bring 24800 into view.

With an investment of Rs 1,792 crore, domestic institutional investors (DIIs) continued to be net purchasers during the previous trading session. According to statistics supplied by the NSE, foreign portfolio investment (FPI) inflows, however, considerably decreased, with net inflows of only Rs 50 crore.

At the time of this article, most Asian markets were up, which increased investor confidence across the region. Taiwan’s Weighted Index climbed more than 2 percent, Hong Kong’s Hang Seng gained 1.37 percent, Japan’s Nikkei 225 index surged more than 0.6 percent, and South Korea’s KOSPI was flat but up.