Stock market today: Nifty50 trades above 25,900; BSE Sensex jumps 500 points

Indian equity indices, Nifty50 and BSE Sensex, opened higher on Friday, mirroring positive global cues driven by cooling US inflation. While FIIs have paused selling, market direction hinges on the Bank of Japan's commentary regarding future rate hikes. Asian stocks also rose, buoyed by expectations of US Federal Reserve rate cuts.