US stocks will rally on Friday, after President Donald Trump's executive order temporarily banning travel to the US from seven majority-Muslim countries was upheld in the Supreme Court.Read moreThe US stock market is expected to fall around 1%, with the Dow Jones Industrial Average falling around 14,000 points.The Nikkei 225 is expected by analysts to trade up around 10%, with a rally in the broad...
The stock market has been up on Friday in India’s biggest economy.
The Sensex is up more than 3% to 8,096.21, the Nifty is up 1% to 7,845.80 and the BSE is up 2% to 9,852.72.
Analysts said the rally was driven by a strong sentiment towards the economy and the government’s efforts to get the economy out of a slump.
The BSE index has risen more than 10% in the past week.
The Nifty has climbed 2% and the NSE is now up 3.6%.
The S&P500 has risen 6.8% and has gained nearly 5% in 2017.
The benchmark Sensex has jumped nearly 8% this year.
The rupee has risen by around 8% against the dollar.
Investors are confident that India’s economy is stabilising and inflation is on the decline.
The rupee is now about 16% above the pre-crisis levels.