On Friday, the Indian stock market experienced gains, with the Sensex rising 232 points (0.3%) to close at 75,415 and the Nifty 50 advancing 65 points (0.3%) to settle at 23,719. This positive movement came amid hopes of diplomatic progress between the US and Iran, which could alleviate tensions in West Asia. The Nifty IT sector rebounded significantly, climbing 4.3% after a previous decline, as investors engaged in value buying following concerns over potential disruptions from artificial intelligence. Additionally, private banks performed well, with Axis Bank and ICICI Bank gaining 3.3% and 1.6%, respectively. Despite foreign portfolio investors offloading shares worth ₹4,440 crore, domestic investors contributed ₹6,000 crore, indicating a shift in market sentiment. Analysts noted that while the indices showed little overall change, sector-specific actions were evident, with seven of the 16 major sectoral indices ending the week positively. The ongoing geopolitical developments and energy prices remain critical factors influencing market dynamics.