Markets recover, Sensex up 505 pts,Nifty above 24,350

The Indian share markets recovered and traded higher on Friday supported by positive geopolitical developments.At close, the Sensex was up 504.86 points or 0.65 percent at 78,493.54, and the Nifty was up 156.80 points or 0.65 percent at 24,353.55.

#Indian markets edged higher after a muted start, with Nifty near 24,250 and Sensex up 218 points. Optimism on US-Iran talks lifted sentiment, while broader indices outperformed. pic.twitter.com/ZIBe55cnim

— newsinc24 (@newsinc24) April 17, 2026

HUL, Nestle, JSW Steel, Power Grid Corp and Apollo Hospitals were the top gainers on the Nifty, while losers included Wipro, HDFC Life, Sun Pharma, L&T, M&M.On the sectoral front,all the sectoral index ended in the green with FMCG, media, metal, oil & gas, power, capital goods, consumer durables, energy up 1-2%.Nifty Midcap index added 1.2% and Smallcap index rose 1.5%.
Rupee Close: 
On 17 Apr'26,the Indian rupee ended 27 paise higher to close at 92.92 against the US dollar on Friday,buoyed by a weakening American currency and retreating crude oil prices amid increasing hopes of easing geopolitical tensions.Renewed buying in domestic equity markets and fresh inflow of foreign funds also supported the local currency, forex traders said.
Trading Guide: 
Market experts recommended five shares to buy on Friday-Neogen Chemicals, Astra Microwave, Senores Pharmaceuticals, Allied Blenders & Distillers, and IFCI.

(Business Correspondent)