‘No need to apologise’: Rahul meets student protesters, slams PM Modi, Shah

Analysts expect the rally to extend towards 24,500-24,750, with some seeing the potential for 25,000, although they believe the index must first overcome resistance around the 24,350-24,600 zone. The index closed at 24,334 on Friday.

Crude oil prices fell sharply as optimism grew for a peace deal in the Middle East. US Treasury Secretary Scott Bessent indicated talks to reopen the Strait of Hormuz were progressing, easing supply disruption fears. Brent crude dropped 5% to $79.5 per barrel amid fluctuating market conditions.

The Rs 425.87 crore Ardee Industries IPO will open for subscription on August 5, with a grey market premium of 13% signalling positive listing expectations. The lead recycling and non-ferrous metals company plans to use the proceeds for working capital, debt repayment and general corporate purposes amid strong recent financial growth.