Indian equity benchmarks closed higher on Friday, securing a fourth consecutive week of gains as investors digested a softer-than-expected US jobs report and a continued decline in crude oil prices.
The BSE Sensex rose 0.34% to 77,763.91, while the NSE Nifty 50 climbed 0.39% to 24,270.85.
The rally reflects a broadening of sentiment beyond the previous week's modest advances, driven by dual tailwinds from US macro data and energy markets.
The weaker US employment figures have reduced expectations for further Federal Reserve rate hikes, lowering the cost of capital for emerging markets and reducing pressure on the US dollar.
Simultaneously, falling crude oil prices have provided a direct boost to Indian equities, as lower import bills improve the trade balance and corporate margins for energy-intensive sectors.
This combination has helped sustain investor confidence despite lingering geopolitical uncertainties in the Middle East.