Mumbai, The benchmark equity indices extended their gains on Friday, supported by strong buying in IT, realty, pharma and healthcare stocks, even as the broader market delivered a mixed performance.<\/p>\n\n\n\n
The Nifty advanced 95.15 points, or 0.39 per cent, to trade at 24,270.85, while the Sensex climbed 262.79 points, or 0.34 per cent, to 77,763.91.<\/p>\n\n\n\n
Commenting on Nifty technical outlook, experts said that the 24,400 level remains the immediate resistance.<\/p>\n\n\n\n
“A sustained breakout above this zone could reinforce bullish momentum and pave the way for an advance towards the 24,500\u201324,600 region,” an analyst said.<\/p>\n\n\n\n
“On the downside, the 24,200 level is expected to provide immediate support, followed by the 24,000 psychological mark, which remains a crucial support zone,” the market expert noted.<\/p>\n\n\n\n
Among the top performers on the Nifty were HCLTech, Max Healthcare Institute and Apollo Hospitals Enterprise, with healthcare and technology stocks leading the market higher.<\/p>\n\n\n\n
The broader market, however, showed a divergent trend. The Nifty MidCap index slipped 0.19 per cent, while the Nifty SmallCap index edged up 0.04 per cent.<\/p>\n\n\n\n
On the sectoral front, the Nifty Realty index emerged as the best-performing gauge during the session. The Nifty IT, Pharma and Healthcare indices also traded firmly in positive territory.<\/p>\n\n\n\n
In contrast, the Nifty PSU Bank index was the biggest sectoral loser, weighing on overall market sentiment despite the strength in other segments.<\/p>\n\n\n\n
“Domestic markets closed the session higher, despite intermittent volatility and profit-booking, aided by supportive global cues and growing expectations of a more accommodative global rate environment following softer US labour market data,” the analyst mentioned.<\/p>\n\n\n\n
“Going forward, focus shifts to Q1 FY27 earnings season and management commentary, especially amid a widening monsoon deficit,” according to market expert.<\/p>\n","protected":false},"excerpt":{"rendered":"
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