Sensex and Nifty: Due to a robust global rise and significant buying in metal equities, Indian stock markets saw gains for the second consecutive day on Friday.

As the two nations continue to work toward a trade deal, sentiment als

o improved after Prime Minister Narendra Modi’s Thursday meeting with US President Donald Trump to explore deepening economic relations.

The Sensex had increased 449.53 points, or 0.53 percent, to 85,267.66 at the closing bell.

Additionally, the Nifty increased, rising 148.40 points, or 0.57 percent, to 26,046.95.

According to analysts, “the trend is likely to remain constructive in the near term as long as the index holds above 25,900, which is expected to serve as a key support level.”

“The index may move towards 26,300 in the short term on the higher side,” they said.

Tata Steel, Eternal, UltraTech Cement, L&T, Maruti Suzuki, Bharti Airtel, Adani Ports, Axis Bank, and Bajaj Finance were among the top firms that drove the Nifty’s rise.

Profit booking, however, put pressure on a few equities. Among the biggest declines were HUL, Sun Pharma, Asian Paints, ITC, Power Grid, and HCL Tech.

The Nifty SmallCap index increased 0.94 percent while the Nifty MidCap index increased 1.18 percent in the larger markets.

With a 2.63% increase, the Nifty Metal index topped the rise by sector, followed by consumer durables, real estate, and oil & gas. The media and FMCG industries saw a decline.

In the meanwhile, India’s silver prices kept up their rapid rise. On Friday, silver futures broke above the historic Rs 2 lakh per kg barrier for the first time, continuing a surge that has seen the metal rise by around 130% this year.

According to experts, the markets ended the week on a high note thanks to a combination of solid sectoral performance, global signals, and growing geopolitical activity.