Indian equity markets surged to new heights on Friday, with the Nifty 50 benchmark index breaking through the 24,400 level for the first time.
The rally was broad-based but led decisively by the financial and automotive sectors, which posted significant gains in early to mid-trade activity.
Financial stocks also provided strong momentum, rising more than 2% during the session.
The Nifty Auto index emerged as the top-performing sectoral gauge, approaching fresh record highs.
Financial stocks also provided strong momentum, rising more than 2% during the session.
This sectoral strength helped offset weakness in other areas of the market.
In contrast, the information technology sector experienced profit-taking pressure.