Extending gains for fourth straight day, equities edged up on Friday with Nifty 50 index closing 0.21% higher at 16,630, while the BSE Sensex rose 0.15% to 55,550 points. Both the indexes gained more than 2% for the week, logging their first weekly gain in five.
Investors await key announcements including India’s inflation data, US Fed meet, and the developments on the Russia-Ukraine conflict this week. Meanwhile, SGX Nifty indicates a choppy start to the Indian stock markets today.