The trends on Gift Nifty also indicate a higher start for the Indian benchmark index. The Gift Nifty was trading around 23,290 level, a premium of nearly 23 points from the Nifty futures’ previous close.

The Sensex rose 115 points to close at 76,520, while the Nifty added 50 points to end at 23,205, supported by gains in stocks like UltraTech Cement, M&M, and Sun Pharma. Broader markets outperformed,

In the next week, it is believed that Indian stocks consolidation phase is in the final stage, with resilience of large-cap stocks indicating a positive sign. Investors are guided to remain patient and adopt a accumulating strategy.

The Nifty 50 tumbled 255 points from the day’s high to end the session 0.49% lower at 23,092, concluding the week with a drop of 0.48%. Likewise, Sensex wrapped up the session with a drop of 0.43%, plummeting 795 points to end at 76,