India’s BSE Sensex climbed more than 1% to above 75,000 on Friday, rebounding from the prior session’s steepest drop in nearly two years, and headed for a modest 0.6% weekly gain as easing oil prices offered relief to risk sentiment. Brent crude eased to around $107 per barrel after surging to $119 on Thursday amid attacks targeting Middle East energy infrastructure. The pullback followed moves by European nations and Japan to help secure shipping through the Strait of Hormuz, alongside US efforts to boost supply. President Trump also urged Benjamin Netanyahu to avoid further strikes on Iranian energy facilities. IT stocks led the advance, such as Tata Consultancy (0.8%), Infosys (1.7%), HCL Tech (2%), Tech Mahindra (3.1%), and Wipro (0.9%). Energy firms also outperformed, with Bharat Petroleum up 2.7%. Conversely, heavyweight HDFC Bank extended losses following the sudden resignation of part-time chairman Atanu Chakraborty.

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