Overview

• Benchmarks rose for a fourth straight session to one‑year highs, with Nifty up 0.52% and Sensex up 0.49%, while Bank Nifty closed around 58,033 at an all‑time high.
• Heavyweights underpinned the move after quarterly earnings, as Reliance gained about 3% and HDFC Bank was firm, while ICICI Bank declined even with profit growth.
• RBL Bank jumped after Emirates NBD announced a $3 billion primary infusion for roughly a 60% stake, with a mandatory open offer planned and completion subject to approvals.
• Provisional exchange data showed foreign investors bought about Rs 309 crore and domestic institutions purchased roughly Rs 1,526 crore, adding to positive momentum.
• Analysts highlighted Nifty support at 25,550–25,350 with resistance near 26,000–26,300, warning a sustained break below 25,350 could dent the trend, while Bank Nifty support sits near 57,000 with targets at 58,500–59,000.