MUMBAI: Indian shares advanced on Friday, extending the previous session’s US Federal Reserve-led rebound that helped cap weekly losses.
Focus is now on the domestic retail inflation data due after market hours. According to a Reuters poll, retail inflation for November is expected to have inched up from October’s record low.
The Nifty 50 rose 0.57 percent to 26,046.95, while the BSE Sensex added 0.53 percent to 85,267.66, after gaining about 0.5 percent on Thursday.
However, the indexes logged 0.5 percent weekly fall, as investors booked profits near record highs in the first three sessions this week.
Metals led the charge on Friday, climbing 2.6 percent, on demand optimism after top consumer China pledged a fiscal boost for 2026 and the Fed cut interest rates.
The Fed’s 25-basis-point rate cut on Wednesday came with a less-hawkish tone and rising concern over slowing growth and a softening labour market.
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