Indian equity markets opened sharply higher on Friday, with the Sensex gaining 650 points and the Nifty crossing 24,300. IT, metal, pharma and chemical stocks led the rally as easing geopolitical tensions and positive Asian market cues boosted investor sentiment

Tata Motors Passenger Vehicles (TMPV) will increase prices of its passenger vehicle lineup, including ICE and electric models, by up to 1.5 per cent from July 1. The company said the move is aimed at partially offsetting rising input costs and inflationary pressures, with the hike varying across models and variants