Indian shares opened on a buoyant note on Friday, extending gains from the previous two sessions as weak U.S. jobs data raised expectations that the Federal Reserve will hold rates this month and potentially in September.

The benchmark BSE Sensex surged 485 points, or 0.6 percent, to 77,987 in early trade, while the NSE Nifty index was up 160 points, or 0.7 percent, at 24,336.

IT stocks extended gains from the previous session, with HCL Technologies surging 4 percent and Tech Mahindra rising more that 2 percent.

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Indian Shares Edge Higher As Fed Rate Hike Bets Ease

2026-07-03 04:32:28

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