Sensex Opens 500 Points Higher Amid Global Cues

Indian equity benchmarks opened higher on Friday, with the Nifty 50 advancing 0.71% to close at 24,175.70. The rebound in Bitcoin above $61,500 was driven by weaker-than-expected US jobs data and hopes for a more accommodative monetary policy. The global market narrative remained mixed, with the Dow Jones hitting a record high while the Nasdaq retreated. Investors are cautiously optimistic about India's broader market outlook, supported by Brent crude prices below $71 per barrel and domestic value chains.