Sensex, Nifty gain over 1 pc on lower crude prices and global optimism

Indian stock markets rallied sharply on Friday, with the BSE Sensex surging and the NIFTY 50 gaining. Falling oil prices and easing geopolitical concerns boosted investor sentiment, leading to a rise in all indices. Sectorally, Nifty Realty emerged as the top performer, followed by Nifty Auto and Nifty Private Bank. Other strong gainers included media, chemicals, consumer durables, oil & gas, and cement. The RSI stood at 37.86, with key support seen in the 23,000-23,100 zone and resistance around 23,600-23,650.