Stock Market Advances on Global Cues, Nifty 50 Gains 275 Points Indian equity markets advanced on Friday, driven by strong global cues and overnight gains in US and Asian markets. The BSE Sensex closed 918.60 points higher at 77,550.25, while the NSE Nifty 50 rose 275.50 points to 24,050.60. The rally was supported by positive sentiment from global markets, though geopolitical uncertainties and sustained foreign investor outflows tempered the gains. Analysts noted that while immediate escalation risks had eased, long-term macroeconomic uncertainties, including crude oil volatility, currency weakness, and global slowdown concerns, kept investors cautious. PL Asset Management highlighted rising macro risks from energy prices, currency depreciation, and global economic slowdowns, while Emkay Global suggested a potential energy-led rally if geopolitical tensions eased. Market direction remained event-driven, with crude oil trends, geopolitical developments, and foreign institutional investor (FII) flows expected to act as key triggers in the near term. The Nifty 50 closed near key resistance levels, with the index sustaining above critical support zones. Technical analysis indicated that a decisive breakout above the 24,020 level could trigger further gains toward 24,300 and 24,500–24,600. However, a break below 23,640 could shift sentiment negative, dragging the index toward 23,300. Analysts emphasized that the market’s structure remained bullish, with dips being actively bought to reinforce the uptrend. Mutual fund inflows continued to support the market, with the industry’s net assets under management (AUM) standing at ₹73,73,376.98 crores for March 2026. This marked a decline from February’s ₹82,02,956.35 crores, though retail investors remained optimistic.#bse_sensex #nse_nifty_50 #reserve_bank_of_india #emkay_global #pl_asset_management
