Indian Stocks Rally for 7th Day; Nifty Reclaims 25,000, Sensex Jumps 1,718 Points

Indian stock markets rallied for a seventh consecutive session on Friday, with the Nifty reclaiming the 25,000 level and the Sensex surging 1,718 points, driven by gains in banking and financial stocks. The Sensex closed up 2.17 per cent at 81,028.02, while the Nifty rose 2.01 per cent to 25,030.35, its best close since the start of the West Asia conflict. Nifty Private Bank was the top sectoral gainer, while broader indices lagged, with the MidCap 100 flat and SmallCap 100 down 0.82 per cent. Analysts attributed the rally to rotational money moving into large private banks amid a global tech sell-off, supported by falling crude prices and a firmer rupee. The Nifty gained 8.58 per cent for the week, with immediate support seen at 24,750.