Indian markets closed strong on Friday and NSE Nifty touched intraday high of 24,188. The bullish close on Friday have improved investor sentiment. Stock markets exhibited a mix of gains and declines across various sectors. Industrial manufacturing and IT services also showed positive movements, while some consumer goods and banking stocks faced modest declines.

ABCAPITAL led the day with steady gains, opening at Rs 195.00, peaking at Rs 196.30, and closing at Rs 194.33—a slight rise of 0.27%. This reflects sustained investor confidence.

ACC also showcased strong performance, climbing 1.55% to close at Rs 2222.55, supported by a high of Rs 2238.40. Similarly, ALKEM impressed with a notable 3.40% increase to Rs 5642.45, fueled by strong trading activity.

APLAPOLLO and BALKRISIND delivered exceptional gains of 3.30% and 2.29%, respectively, closing at Rs 1516.40 and Rs 2780.15. These results highlight strong momentum in infrastructure and specialty tire sectors.

On the other hand, APOLLOTYRE and ASHOKLEY saw marginal movements, with APOLLOTYRE slipping 0.15% and ASHOKLEY advancing 0.22%, signaling stability amidst market volatility.

In banking, BANDHANBNK and BANKINDIA faced declines of 1.10% and 1.25%, respectively, as the sector grappled with mixed investor sentiment.

Defense stocks like BDL also experienced headwinds, falling 1.71% to Rs 1150.00. Meanwhile, BHARTIHEXA surged 5.05%, closing at Rs 1376.20, leading gains in telecommunications.

BIOCON gained 0.33% to Rs 365.15, while BSE climbed 2.12% to Rs 4670.75, reflecting positive sentiment in the biotech and financial markets.

Lastly, CGPOWER and COCHINSHIP dipped by 2.68% and 0.12%, showing minor corrections. COFORGE started the day at Rs 8625.00 and ended at Rs 8685.85, showing a small but steady gain of 0.29%. The stock's stability signals confidence in its long-term prospects. Similarly, DIXON stood out, closing at Rs 15807.40, a 1.28% increase, supported by strong trading momentum.

FACT was a star performer, surging 12.08% to close at Rs 1003.10, reflecting strong investor interest. In contrast, COLPAL faced a dip of 3.71%, closing at Rs 2889.75 amidst market volatility.

Infrastructure stocks also made notable moves, with CONCOR gaining 0.87% to close at Rs 828.35 and GMRINFRA rising 0.87% to end at Rs 83.21. These gains highlight optimism in the sector.

ESCORTS climbed 1.15% to Rs 3553.90, fueled by its strong presence in the agricultural machinery sector. However, EXIDEIND faced a slight decline of 0.97%, closing at Rs 452.60.

In the energy sector, HINDPETRO and HINDZINC showed gains of 0.82% and 2.14%, respectively, reflecting sector-wide positivity. Conversely, FEDERALBNK ended slightly lower at Rs 210.78, down 0.13%.

Real estate stock GODREJPROP slipped 1.41% to Rs 2776.15, while HDFCAMC also declined slightly, ending at Rs 4204.25.

Indian markets are currently trading at crucial levels. Next week's market performance will depend on the sentiment in global markets. Indian markets have recovered from the loss faced during selling by FIIs. If the markets take support from lower levels, we can expect further strength in the Indian markets.