The Indian stock market recorded sharp gains on Friday, with the Sensex and Nifty rising more than 1% to end the week on a positive note. Strong Q1 earnings, sharp buying in IT stocks and other factors boosted investor sentiment despite a global market sell-off.
The Sensex surged over 964 points to close at 78,151, while the Nifty 50 gained around 262 points to end the session at 24,334. The rally came despite weakness in the broader market, with the Nifty Midcap 100 and Nifty Smallcap 100 indices declining by up to 0.4%.
