Indian equities traded firmly higher on Friday morning, with the Sensex up more than 450 points, according to NDTV. Gold prices also climbed during the session, the outlet reported in its live market updates.
The gains came even as several overseas markets sold off. The Economic Times described steep declines in the Nasdaq, Kospi and Nikkei, while noting that the Nifty held up better than those indices. Moneycontrol reported that the Sensex had risen around 500 points and the Nifty had reclaimed the 24,600 level, saying India was gaining despite the global rout.
The Hindu attributed the early-session strength to continued foreign fund inflows. Telegraph India reported that the Sensex and Nifty posted their largest single-day gains in seven months. The reports did not specify which trading session that seven-month figure referred to.
Taken together, the coverage points to an Indian market moving in the opposite direction from major global indices on the day. The specific causes behind the divergence were not detailed in the available reporting, and NDTV's updates did not give a precise closing level for either benchmark in the material reviewed.
Investors will be watching whether the benchmarks hold these gains through the session and whether foreign inflows continue in the coming days.
