Indian stock benchmarks opened higher on Friday, July 10, following gains in global markets after tensions related to US-Iran eased. The Nifty 50 advanced 0.68 percent to reach 24124.70, while the Sensex climbed 0.85 percent to 77395.63. Asian indices also rose after US equities finished stronger overnight, supported by semiconductor gains that boosted technology sector sentiment. The MSCI Asia Pacific Index increased 0.5 percent, Japan’s Nikkei 225 rose 1.94 percent, and the Topix gained 0.77 percent. South Korea’s Kospi jumped 3.27 percent and the Kosdaq surged 5.11 percent. Hong Kong’s Hang Seng futures pointed to a modestly higher start. On Thursday, Indian markets closed higher amid short covering, with attention shifting toward first-quarter earnings and domestic economic indicators. Several companies featured in trading focus, including Piramal Finance, whose board will discuss fundraising and quarterly results, Power Grid Corp of India, named successful bidder for transmission projects in two states, and Samvardhana Motherson International, which approved a corporate guarantee for a euro-denominated facility.
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