Mumbai | October 9: The benchmark BSE Sensex and NSE Nifty gained over 1.2% in Friday’s trading session, driven by fresh institutional inflows and upbeat corporate earnings previews. Robust domestic macroeconomic indicators and stabilized crude oil prices boosted investor confidence across heavy-industry and manufacturing segments.

Broad-Based Market Buying The banking and auto indices recorded the strongest gains, with leading private lenders and commercial vehicle makers outperforming broader indices. Foreign institutional investors (FIIs) turned net buyers in the cash segment, ending consecutive sessions of localized net outflows and providing liquid stability to large-cap shares.

Outlook for Corporate Filings Market strategists anticipate that upcoming second-quarter corporate balance sheets will dictate sectoral momentum through mid-October. Strong consumption demand during the ongoing festive season is expected to bolster retail lending and consumer durable earnings.

Source: Stock Exchange Filings & Institutional Desk