Stock Market Weekly Round Up: Nifty-Sensex Snap 6-Week Losing Streak As Iran-US Ceasefire Lifts Sentiment

Stock Market Weekly Round Up: Indian equity markets broke a six-week losing run and posted their strongest weekly advance in five years. Benchmark indices Sensex and Nifty climbed nearly 6% each over the week, helped by easing geopolitical worries and a powerful, broad-based rebound across sectors.

Buying interest was visible beyond frontline names, as the Nifty Bank and Midcap indices each gained about 8% during the week. Realty and auto counters delivered double-digit weekly returns, showing traders were willing to add risk after recent sharp declines.

Indian Markets Sensex Nifty Performance

Friday's session extended the winning streak, with indices closing at the day's peak. The Sensex finished 919 points higher at 77,550, while the Nifty added 276 points to settle at 24,051, comfortably above the psychologically important 24,000 level.

Heavyweight financial stocks powered much of this move. Reliance Industries, HDFC Bank, ICICI Bank and State Bank of India were among the largest positive influences on the indices, supporting sentiment and helping the broader market hold firm gains into the close.

Indian Markets Equity Markets Sectoral Moves

Sector-wise, the Nifty Auto index was the best performer in Friday's trade, rising nearly 3%. Bajaj Auto extended recent advances, while Eicher Motors gained after Royal Enfield's electric motorcycle launch, which kept interest high in select auto manufacturers.

In contrast, technology shares underperformed. Tata Consultancy Services fell after releasing quarterly numbers, weighing on the IT pack. Coal India also declined, pressured by higher costs and a reduction in e-auction prices, which dampened investor appetite for the stock.

Market breadth stayed strong through the week, with nearly 90% of listed shares advancing and the NSE advance-decline ratio at 5:1. The rupee, however, ended slightly weaker at 92.73 against the US dollar, compared with 92.66 in the previous session.