BSE Sensex rose 155.82 points, a 0.21% lift, to 73,736.36 on Friday, according to BSE data, while NSE Nifty edged up 32.60 points, 0.14%, to 23,095.70.
GIFT Nifty futures pointed to a modest opening, trading at 23,103, up 5.5 points, 0.02%, signalling early optimism for the session.
The week‑long trend remains weak; Nifty has fallen 1.2% so far and Sensex 1%, setting the stage for a seventh consecutive weekly decline. In the prior session, Sensex plunged 1,247.71 points to close at 73,580.54, and Nifty tumbled 383.70 points to 23,063.10.
Oil prices eased marginally but stayed high at about $106 a barrel, according to market data, while the US 30‑year bond yield hit 4.35%, its highest level in over two decades, per Bloomberg. These macro moves weigh on Indian equities, where the country’s position as the world’s third‑largest crude importer magnifies the impact on import bills and corporate margins.
Foreign investors sold ₹50.27 bn (US$523.89 m) of Indian shares on Thursday, as per provisional data, further tightening the market.
Looking ahead, traders will watch the US‑Iran negotiations in New York for any signs of a phased exit from the Middle East conflict, which could ease geopolitical risk and lift oil prices. Analysts remain cautious, noting that the current yield environment and oil volatility could keep the upside subdued until the next earnings cycle.