Sensex Leaps 1,718 Points as Nifty Reclaims 25,000 in Historic ₹30 Lakh Crore Rally

Mumbai bulls ran unchecked on Friday. The BSE Sensex leaped 1,718 points, or over 2%, to finish at 81,028, while the Nifty 50 gained 494 points to settle at 25,030, sealing its highest close in nine months. The Nifty Bank index surged 1,312 points to cross 59,086. It marked the first time in three years that Indian equity benchmarks posted gains across seven consecutive trading sessions. Trading desks absorbed massive institutional inflows from the opening bell, pushing benchmark indices to their sharpest weekly advance in six years with an overall weekly surge topping 8%.

The breadth was fierce at the top. Only five Nifty 50 stocks finished the session in the red. The five-day sweep generated nearly ₹30 lakh crore in aggregate market capitalisation across BSE-listed companies, making it the single largest weekly absolute points advance in the Nifty's history. Across the entire week, 46 of the 50 Nifty index constituents logged gains, with 15 stocks jumping close to 10%, paced by Reliance Industries, Jio Financial Services, UltraTech Cement, and ICICI Bank.

Private lenders provided the raw horsepower. HDFC Bank, ICICI Bank, and Axis Bank each climbed between 3% and 4%, anchoring the bulk of Friday's point haul. Mahindra & Mahindra took the crown as the top gainer on the Nifty 50 after investors piled into the stock following strong operational internals in its second-quarter earnings report. Retail and consumer names followed: Titan Company and Kalyan Jewellers surged up to 5% amid sustained physical demand for precious metals, while Yes Bank led midcap banking volume with a 6% jump.

Midcap Divergence and Earnings Casualties

But the euphoria failed to trickle down. Even as the headline gauges blasted through resistance lines, the Nifty Midcap index slipped 14 points to 60,607, exposing an underlying market breadth tilted toward declines. Second-quarter earnings misses inflicted immediate damage on vulnerable counters. Astral plunged nearly 10% after its quarterly volume growth failed to meet market expectations. Fortis Healthcare sank 6% after management outlined a cautious margin trajectory heading into FY27. Samvardhana Motherson shed more than 5% despite reporting stable headline profitability, while Tube Investments finished in the red after trimming intraday losses.

Laggards on Friday were largely confined to state-run utilities and industrial names, with Hindustan Aeronautics, Power Grid Corporation, Shriram Finance, JSW Steel, and Max Healthcare anchoring the bottom of the board. All eyes now pivot to the next leg of quarterly earnings releases and domestic inflation readouts due next week to determine whether the Nifty can consolidate its perch above the critical 25,000 threshold.