So, like, the benchmark indices had a bit of a rollercoaster ride on Friday, ending on a mixed note. The Sensex was all like, “Hey, I’m closing in the green,” while the Nifty was struggling to make gains because of profit-booking at higher levels. The BSE Sensex went up by 259.75 points or 0.32 per cent to close at 80,501.99, while the Nifty 50 only managed to inch up by 12.50 points or 0.05 per cent to settle at 24,346.70.

Oh, and get this, Adani Ports totally stole the show by emerging as the top Nifty gainer, surging by a whopping 4.37 per cent thanks to some killer Q4 results that showed a 50 per cent year-on-year profit increase. Other big winners included Bajaj Finance, IndusInd Bank, State Bank of India, and Hindalco. But hey, it wasn’t all rainbows and unicorns – JSW Steel took a nosedive, plummeting by 5.81 per cent. Ouch.

The total market capitalisation of all listed companies on the BSE was like ₹42,357,227.19 crore as of May 2, slightly lower than the previous session. The top 10 companies were the real MVPs, contributing ₹9,695,782.37 crore to the market cap. Talk about heavyweight stocks hogging all the attention!

So, the Nifty opened at 24,311, shot up to an intraday high of 24,589, but then crashed down to an intraday low of 24,238. Talk about a wild ride, am I right? Market breadth was kinda negative, with more stocks declining than advancing on the BSE. The broader market wasn’t doing so hot either, with the Nifty Midcap 100 taking a 0.78 per cent dip.

Rupak De, a Senior Technical Analyst, was all like, “Yo, the index is getting real volatile, especially after getting rejected around the 24,550 level.” And he’s looking at a support level of 24,250, warning of a possible correction if it falls below that. Yikes.

Foreign institutional investors were throwing some cash into Indian equities, while domestic institutional investors were also in the game, providing some much-needed support. The Indian rupee was all over the place, opening strong but facing resistance later on. Jateen Trivedi thinks it’s gonna trade within a range of 83.50-84.50. So, like, keep an eye on that.

Gold prices were on the up and up, gaining ₹950 to trade at ₹93,325 on the MCX. Comex gold was also holding steady, thanks to some trade deal drama between the US and China. The market was feeling a bit more chill though, with China showing interest in trade negotiations. But hey, let’s not forget about the tension between India and Pakistan – that’s still a thing.

For the week, the BSE Sensex was up by 1.6 per cent, while the Nifty50 rose by 1.2 per cent. The BSE Midcap index took a little dip, but the Smallcap index was just chillin’. Looking ahead, Hrishikesh Yedve thinks the index could hit 24,800–24,850 levels if it breaks through the resistance at 24,590.

Ajit Mishra had some wise words, saying the index is in a consolidation phase and facing resistance around 24,500. But hey, at least there’s some rotational buying going on to soften the blow. So, like, keep calm and buy on dips, I guess?

So, yeah, that’s the scoop on the market. It’s been a wild ride, but hey, that’s just how it goes sometimes. Who knows what next week will bring, right? But for now, let’s just sit back, relax, and see how it all plays out.