Indian benchmark indices are set to open higher on Friday, buoyed by overnight gains in US markets.
The positive sentiment from Wall Street is expected to offset broader weakness across Asian equities, providing a supportive backdrop for domestic trading.
The Nifty IT sector is positioned to lead the rally, continuing its recent outperformance as broader markets maintain a bullish stance.
This opening momentum follows a holiday-shortened week that closed in positive territory.
The Nifty index recently reclaimed and sustained levels above critical technical resistance, signaling strengthening investor confidence.
The rally was supported by modest gains across multiple sectors, suggesting broad-based participation rather than isolated sector strength.