BUZZ-India's equity benchmarks set for biggest weekly gains in 1-1/2 months

Reuters

Jun 27, 2025

BUZZ-India's equity benchmarks set for biggest weekly gains in 1-1/2 months

** India's benchmark Nifty 50 .NSEI and Sensex .BSESN gain 0.2% each amid broad-based market rally

** Indexes up 2% for the week; set to log biggest weekly gains in 1-1/2 months, on easing Middle East tensions, weak dollar and pre-earnings rally

** Global sentiment positive, with MSCI Asia ex-Japan .MIAPJ0000PUS at highest level since November 2021 MKTS/GLOB

** NSEI ~2.5% away from lifetime high level hit in September 2024

** Twelve of 13 major sectors advance on the day; broader mid- .NIFMDCP100 and small-caps .NIFSMCP100 up about 0.8% each

** Reliance Industries RELI.NS up 1.6%, takes three day gains to ~4.5%

** IndusInd Bank INBK.NS up 3% following media report that Axis Bank's Rajiv Anand top contender for CEO position

** Among other stocks, Jio Financial Services JIOF.NS climbs as much as 5.4% to six-month high as Jio BlackRock gets regulatory nod for brokerage business

(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))

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set to log biggest weekly gains in 1-1/2 months, on easing Middle East tensions, weak dollar and pre-earnings rally** Global sentiment positive, with MSCI Asia ex-Japan .MIAPJ0000PUS at highest level since November 2021 MKTS/GLOB** NSEI ~2.5% away from lifetime high level hit in September 2024** Twelve of 13 major sectors advance on the day; broader mid- .NIFMDCP100 and small-caps .NIFSMCP100 up about 0.8% each** Reliance Industries RELI.NS up 1.6%, takes three day gains to ~4.5%** IndusInd Bank INBK.NS up 3% following media report that Axis Bank's Rajiv Anand top contender for CEO position** Among other stocks, Jio Financial Services JIOF.NS climbs as much as 5.4% to six-month high as Jio BlackRock gets regulatory nod for brokerage business (Reporting by Vivek Kumar M) ((VivekKumar.M@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}