Sensex Rises 188 Points, Nifty at 25,694; IT Stocks Lead Market Gains

• Indian equity benchmarks closed higher on Friday, with Sensex up 188 points and Nifty at 25,694.
• The market rally was primarily driven by strong buying in information technology, banking, and capital market stocks.
• Infosys, Tech Mahindra, HCL Technologies, State Bank of India, and Mahindra & Mahindra were top Sensex gainers.
• Nifty IT sector significantly outperformed, climbing over 3 percent, while Pharma and Healthcare sectors declined.
• Global cues were mixed, with US markets closing higher on strong labor data, while Asian markets showed varied performance.

Why It Matters: Indian markets closed higher, led by IT and banking sectors, despite mixed global cues.