
Asian stock markets opened higher on Thursday and Friday, driven by positive global cues and the anticipation of key economic data. On Thursday, the Indian benchmark indices, Sensex and Nifty50, started the day with gains, with the Sensex up by 238.27 points at 78,711 and the Nifty50 up by 56.45 points at 23,784.10. This upward trend continued into Friday, with the Sensex gaining 489 points to reach around 78,960 and the Nifty advancing 108.80 points or 0.46% to around 23,912. The rise in Indian stocks was attributed to strong performances in banking stocks. Meanwhile, several Asia-Pacific markets were closed for the Boxing Day holiday, including Australia, New Zealand, and Hong Kong. Japan's stock market saw gains on reports of a record budget proposal by the government. Investors were also awaiting economic indicators such as Singapore's manufacturing data, China's industrial profit figures, and Tokyo's inflation data.

