Sensex ends 331 points higher on Friday, IT stocks in focus

The Sensex closed 330.92 points, or 0.43%, higher at 77,264.51 on Friday, with IT stocks firmly in focus after a strong sector-wide rally.

The Nifty50 also advanced, gaining 84.80 points, or 0.35%, to settle at 24,175.65 as the market broke a two-day losing streak.

IT shares were the biggest contributor to the day’s gains, with the Nifty IT index rising more than 3% during the session.

TCS was the standout gainer, up 4.16%, while Tech Mahindra climbed 3.53%, Infosys rose 2.99%, HCL Technologies gained 2.66% and Wipro added 2.58%.

Pharma and metal stocks also traded higher, adding to the positive tone across the broader market on the day.

Indian stock markets are closed on Saturday and Sunday and will reopen for trading on Monday.

Friday’s close leaves the Sensex and Nifty higher for the week overall, even after the two-session dip earlier that had weighed on the indices.

Markets in India remain closed on Saturday and Sunday, with the next trading session set to resume on Monday.

Foreign and domestic institutional investor activity through the week continued to shape sentiment, alongside the ongoing earnings season commentary from IT majors.

Broader market breadth was also positive on the day, with gains seen across a wide range of sectors beyond the IT-led rally.

Analysts pointed to the tech-led bounce as a sign of stabilising sentiment after recent volatility tied to global cues and sector-specific concerns.

TCS closed 4.16% higher, followed by Tech Mahindra with a 3.53% gain, Infosys up 2.99%, HCL Technologies 2.66% higher and Wipro adding 2.58%.

The Nifty IT index rose more than 3% during the session, emerging as the single biggest driver of the day’s overall gains.

Pharma and metal shares also contributed to the advance, helping the benchmark indices snap a two-day losing streak heading into the weekend.

Photo of the BSE building at Dalal Street, Wikimedia Commons, CC BY-SA 3.0