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Indian equities opened on a firm note on Friday, stabilising after a two-session selloff. The BSE Sensex rose 70 points or 0.09 per cent to 80,217, while the Nifty50 reclaimed the 24,500 mark, trading at 24,545, up 44 points or 0.18 per cent.

Investor focus today remains on Reliance Industries, which will hold its 48th Annual General Meeting (AGM) later in the day. Market participants are keen to hear updates on the company’s plans to double its Jio and retail businesses over the next three to four years, as well as a roadmap for the New Energy (NE) vertical that aims to replicate the earnings strength of its oil-to-chemicals (O2C) segment. The AGM comes amid scrutiny over Reliance’s purchase of Russian oil despite ongoing sanctions.

On the macroeconomic front, attention will also be on India’s Q1FY26 GDP data and the fiscal deficit figures for April–July, both due later today.

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In the broader markets, the Nifty MidCap and Nifty SmallCap indices gained 0.14 per cent and 0.25 per cent, respectively. Sectorally, Nifty FMCG was the top performer, rising 1 per cent, while Nifty Auto was the biggest laggard, down 0.28 per cent.

Meanwhile, the Indian rupee opened marginally lower at Rs 87.69 per dollar, compared to Thursday’s close of Rs 87.63.

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Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate affairs, with prior stints at Business ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.