The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 25,530 level, a premium of nearly 40 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 25,415.80, while Sensex ended at 83,184.80. Overnight, Wall Street indices witnessed gains, with S&P 500 and Dow Jones closing at record high levels.

BENGALURU (Reuters) - India's NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street's Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting the rally to extend into 2025.

All sectoral indices ended in positive territory, with metals and autos leading the gains. ICICI Bank recorded its largest single-day gain since April, rising more than 4%.

Nifty 50 and Sensex opened strong on Friday amid a global rally after the US Federal Reserve's rate cut. Nifty 50 rose 0.43%, and Sensex climbed 0.50%. FIIs shifted positions over India's valuations,

The Indian equity benchmarks created new record highs on Friday boosted by strong trend in US markets overnight. The Sensex rose as much as 975 points to hit new record high of 84,159.90 and Nifty 50 index touched an all-time high of 25,

The two key equity benchmark indices, Sensex and Nifty, on Thursday hit their all-time highs following US Federal Reserve announced a 50 bps rate cut on Wednesday evening. At 9.40 am, the BSE Sensex 637 points to 83,