The Nifty closed at 23,141, up 77 points, while the Sensex gained 315 points to finish at 73,896, according to the NSE closing data.
Financial stocks pulled the index higher, with Axis Bank up 1.0% to 3,421.07 and Bajaj Finance climbing 1.5% to 1,207.35. Auto stocks also recovered, Mahindra & Mahindra rising 2.0% to 1,772.60 and Tata Motors up 0.8% to 1,289.92.
Despite the daily gains, the Nifty has slipped 1.0% over the last week, a cumulative 6.2% drop from the 8‑week high, while the Sensex slid 0.6% week‑to‑week, reflecting broader market fatigue.
Analysts now focus on upcoming earnings, with Axis Bank expected to report Q1 revenue of ₹3,000 crore against estimates of ₹2,850 crore. Mahindra & Mahindra’s next report on June 15 is anticipated to show a 12% YoY revenue rise.