Stock market today, Sept. 12 -- Indian stock markets increased on Friday, following global market gains, as weaker U.S. jobs data outweighed a higher-than-anticipated inflation figure and heightened expectations for Federal Reserve interest rate reductions.

As of 12:55 IST, the Nifty 50 climbed 0.40% to reach 25,104.85, while the BSE Sensex saw a 0.44% rise to 81,903.34.

The anticipation of a U.S. rate cut next week and in the upcoming two meetings increased, boosting domestic market sentiment, as data revealed a sluggish U.S. labor market despite higher-than-expected inflation.

Prashanth Tapse from Mehta Equities mentioned that it's essential for the Nifty 50 to remain above 24,900 to keep its strength, while pullbacks could present n...