Opening Bell : Benchmarks to make flat-to-positive start on Friday
Indian equity markets are likely to make flat-to-positive start on Friday, ahead of a US Supreme Court verdict on the legality of the levies due later in the day. However, traders continued to remain cautious with report that India faced double-pressure over energy from U.S. President Donald Trump’s decisions to back a Bill mandating up to 500% tariffs on countries buying Russian oil.
Some of the key factors to be watched:
India’s GDP to grow by 7.5% in FY26: State Bank of India report said that India's economy is expected to grow at 7.5 per cent in 2025-26 with upward bias, marginally higher from NSO's estimate of 7.4 per cent.
2026 to see upswing in India-EU relationship: External Affairs Minister S Jaishankar has said he can fairly confidently predict that 2026 will see an upswing in India's ties with Europe and Luxembourg can give the support to ramp up New Delhi's relationship with the European Union.
Foreign funds outflows: Foreign Institutional Investors net sold shares worth Rs 3,367.12 crore on Thursday, while domestic institutional investors net bought shares to the extent of Rs 3,701.17 crore
Sebi forms working group on technology roadmap for market infrastructure institutions: Markets regulator Sebi said it has constituted a high-level working group to draw up a comprehensive technology roadmap for Market Infrastructure Institutions (MIIs), covering both short-term (five-year) and long-term (10-year) strategies.
Textiles stocks will be in focus: The Ministry of Textiles has unveiled the District-Led Textiles Transformation (DLTT) initiative, a strategic initiative designed to catalyze inclusive and sustainable growth across India's textile landscape, in the National Textile Ministers Conference in Guwahati.
On the global front: The US markets ended mostly in green on Thursday ahead of the release of the Labor Department's closely watched monthly jobs report on Friday. Asian markets were trading mostly in green on Friday, tracking broadly positive cues from Wall Street overnight.
Back home, continuing their weak trade for the fourth straight session, Indian equity benchmarks ended Thursday’s session near their day’s low points, due to renewed concerns over potential US tariff hikes amid widespread selling pressure in global markets. Deep losses in Metal, Oil & Gas and Power stocks amid unabated foreign fund outflows further added to the negative bias. Finally, the BSE Sensex fell 780.18 points or 0.92% to 84,180.96 and the CNX Nifty was down by 263.90 points or 1.01% to 25,876.85.
Some of the important factors in trade:
India-Europe partnership can bring stability into global economy and politics: External Affairs Minister S Jaishankar has said that India is strengthening its relationship with Europe and both sides can bring greater stability to the international economy and global politics.
India needs to cut imports, focus on increasing exports to become 3rd-largest economy: Suggesting measures to achieve India’s goal to become third-largest economy in the world, Union Minister Nitin Gadkari has said that the country, which is the fourth largest economy in the world, needs to cut its imports and have to more focus on increasing exports.
Auto stocks in focus: The Federation of Automobile Dealers' Association (FADA) in its latest data has showed that electric vehicle (EV) retail sales grew by 16.37 per cent to 22,70,107 units in 2025 as compared to 19,50,727 units in 2024, driven by a 77 per cent jump in electric passenger car sales.
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