Indian equity markets opened strongly on Friday, supported by positive global trends and buying across major sectors. At 10:20 am IST, the BSE Sensex was up 381 points at 82,553, while the NSE Nifty 50 increased by 112.50 points to 25,294.

According to early trade data, the Sensex opened at 82,075 and touched an intraday high of 82,555, while the Nifty began at 25,168 and hit a high of 25,296. Both benchmarks gained around 0.45% in morning trade, buoyed by optimism over corporate earnings and steady foreign fund inflows.

Ponmudi R, CEO of Enrich Money, said, "Indian equities opened on a firm footing, extending gains from the previous session amid strong institutional participation and supportive global cues. The Nifty 50 decisively broke past its three-day hurdle at 25,220, triggering short-covering and signalling bullish momentum. Immediate resistance is now seen at 25,300–25,400, while any dips toward 25,170–25,100 may attract fresh buying."

Technically, Nifty continues to exhibit a bullish undertone, although a brief phase of consolidation may precede the next upward leg. With the Q2 earnings season and key global macro data on the horizon, some short-term volatility is likely. However, the broader market sentiment remains upbeat, supported by improving macro fundamentals and steady domestic participation. 

"Bank Nifty provided crucial support to the broader uptrend, breaching its slope-line barrier near 56,350. A sustained close above this level would confirm a continuation toward 56,500–57,000, reflecting ongoing sectoral strength and support seen at 56000," said Ponmudi R.

Analysts said investor sentiment was also boosted by easing concerns over global interest rates and a rebound in Asian markets. Broader indices reflected the positive tone, with gains led by banking, IT, and auto stocks.

TCS reported revenue of USD7.5b in 2QFY26, up 0.8% QoQ in CC terms compared to our estimate of 1.0%. However, what stood out was its entry into colocation data centers in India.