Sensex & Nifty end in green on global boost; top highlights

Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch -- where we bring you the latest news from the world of stock markets every single day. Let's get to it:

Sensex jumped 900+ pts intraday while the Nifty was above 24,500. However, later in the day, markets erased the gains but still closed higher.

Here’s why markets ended up in the green:
-Trump hinted at a US-India trade deal which turned out to be positive for markets
-FIIs bought ₹37,375 Cr over 11 sessions — longest streak in 2 years
-Crude slipped below $63/barrel, easing inflation fears
-Dollar weakened, boosting EM inflows
-Nifty IT gained 1.3% intraday as Microsoft & Meta rallied, however, at closing Nifty IT closed 0.27% higher
-Global cues turned positive – Nikkei, Taiwan, Nasdaq Futures all rose in last sessions
-Mid & small caps climbed ~1% intraday but later closed in the red
-Financials led sectoral gains

Overall, Friday's rally was all about global optimism, which lifted D-Street sentiment. That's all for today. Keep listening to ET Markets Radio for more.