The Nifty edged 77 points higher to 23,141, and the Sensex climbed 315 points to 73,896, marking the fourth straight day of gains amid a 5:4 advance‑decline ratio.
Auto and consumer durables each posted nearly 1% gains, while IT fell 2% and FMCG led the gainers at 1%.
Axis Bank, Bajaj Finance, and M&M each rose over 2%, whereas HDFC Bank slipped 1% ahead of a CEO announcement that could alter its outlook.
Despite the day’s rally, the Nifty slipped 1% this week and 6% over the last seven weeks, reflecting a prolonged bearish streak that has now spanned seven consecutive sessions.
Investors will watch the upcoming policy meetings and the next earnings cycle for potential turning points, with the market seeking a breakout from the current trend.