<ul><li>Domestic benchmark equity indices may see positive trading sentiment on Friday thanks to a spectacular rally in world markets after US President Donald Trump announced a 90-day tariff pause, excluding China from the reprieve.</li><li>In Asian markets, Tokyo's Nikkei 225 index jumped 9.13%, South Korea's Kospi surged 6.60%. Hong Kong's Hang Seng went up 2.06% and Shanghai SSE Composite index climbed 1.16%.</li><li>Indian markets too would see a similar kind of 3-5% gap-up opening on Friday, as we believe any negative action against China with a tariff increase to 125% would eventually benefit India the most.</li><li>Leading large caps in banking and financials will rally. It is likely to be an across-the-board buying.</li></ul>

Global Market Rally Boosts Sentiment; Indian Markets Likely To Open Higher on Friday

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