Sensex rose over 1,600 points on Friday, two days after it broke a four-session losing streak. The benchmark index rose nearly 1,660 points, or 2.15%, to hit the day's high of 78,815.36 while Nifty rose over 500 points to hit the day's high of 23,853.75. The top Sensex gainers included SBI, JSW Steel, Ultratech Cement, Bajaj Finance and Titan.

US government reacted to SEC's bribery charges against Indian billionaire Gautam Adani, saying, "US and India's relationship's stands on extremely strong foundation, anchored in ties between our people." "What we believe and we're confident about is that we'll continue to navigate this issue, as we have with other issues," White House Press Secretary Karine Jean-Pierre said.

India opener KL Rahul's dismissal through DRS in the first Test against Australia in Perth has sparked controversy. On the second delivery of 23rd over, Australia appealed for a caught-behind dismissal which was turned down by on-field umpire. Australia reviewed it and third umpire declared Rahul out after Snicko showed spikes. However, Rahul claimed the bat had touched pad.

The Canadian government has said it's not aware of any evidence linking PM Narendra Modi, EAM S Jaishankar and NSA Ajit Doval to serious criminal activity within the country. This comes after a media report made serious allegations against PM Modi. "Any suggestion to the contrary is both speculative and inaccurate," the statement added. India had also dismissed the claims.

Sports and athleisure footwear brand Campus unveiled its new campaign featuring Vicky Kaushal. The campaign focuses on #MoveYourWay, a notion that celebrates confidence and individuality. Campus encourages the youth to trust their rhythm and enjoy the ride as they carve their unique paths, and reminds them that when they embrace their true selves, life finds a way to reward them.