Indian stock markets closed higher Friday, boosted by IT, auto, and metal sectors, though banking stocks capped gains. Analysts express caution due to ongoing West Asian conflict, elevated oil prices, and persistent FII outflows. Nifty and Bank Nifty face resistance, with support levels identified. Auto and IT sectors show weakness, while specific stock recommendations are provided.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian