Indian equity markets opened higher on Friday, with the Nifty crossing 24,100 points [1] and the Sensex gaining over 600 points [1].
This surge reflects a broader recovery in investor confidence driven by a rally in technology and semiconductor stocks. The gains are further supported by a temporary pause in hostilities in West Asia and positive momentum across global markets [2, 3].
The Sensex opened at 77,395.63, representing an increase of 632.08 points [1]. Other reports indicated the index rose by more than 650 points [2]. Shares of L&T and Birlasoft were focal points for traders during the opening session [3].
The positive sentiment extended across the Asia-Pacific region. In South Korea, the Kospi jumped 1.95% [3], while the Kosdaq added 1.5% [3]. Japan's Nikkei 225 rose 0.52% [3], and the Topix index increased by 0.37% [3].
In Hong Kong, Hang Seng futures last traded at 25,480 [3], up from a previous close of 25,310.85 [3]. This regional trend underscores a coordinated lift in Asian indices, primarily fueled by the tech sector's performance.
Market analysts said that the combination of sectoral strength in IT and a reduction in geopolitical tension provided the catalyst for the jump. The rally in semiconductor stocks provided a tailwind for the National Stock Exchange and Bombay Stock Exchange [2, 3].
“Nifty crossing 24,100 points”
The simultaneous rise of Indian and Asia-Pacific indices suggests a regional pivot toward risk-on sentiment. By linking gains to both semiconductor demand and the easing of West Asia tensions, the market is signaling that geopolitical stability is currently as critical to equity growth as sector-specific technological advancement.
