Indian equity benchmarks opened higher on Friday, driven by a combination of strong corporate earnings and favorable commodity trends.
The Nifty 50 index rose 0.68%, while the BSE Sensex climbed 0.85%, marking a positive start to the session as investor sentiment improved across major sectors.
The rally was anchored by gains in the information technology sector, following Tata Consultancy Services (TCS) reporting better-than-expected revenue for the June quarter.
The strong performance from India's largest IT services provider helped offset broader market volatility, providing a catalyst for tech-heavy indices.
Additionally, softer crude oil prices contributed to the upward momentum, reducing input cost concerns for domestic consumers and businesses.
Amid the broader market strength, Axis Securities analyst Rajesh Palviya highlighted specific stocks for potential accumulation.