Shares in India climbed 94 points, or 0.1%, to 80,175 in morning trade on Friday, erasing losses from the previous two sessions. Gains were primarily driven by banking and financial services stocks. The BSE Sensex tracked an upbeat session on Wall Street overnight, supported by strong US economic data and ongoing enthusiasm for AI-related stocks. The broader index rebounded from a three-week low during a volatile session, as investors awaited GDP data for the April–June quarter, set to be released later today. However, concerns over new US tariffs capped further gains. Among early gainers were Kotak Mahindra (1.4%), ITC (1.3%), and UltraTech Cement (1.2%). For the week, the index is on track for a 1.4% decline, its first weekly loss in three weeks. It’s also headed for a 1.2% monthly drop, marking the second straight monthly decline, after the US implemented the extra 25% tariff on Indian goods over New Delhi's purchase of Russian oil, taking the total duties to 50%.