Overview

• Financials led the advance with SBI and ICICI Bank among top gainers, while Nifty Bank outperformed at 56,612 after a confirmed inverted head-and-shoulders breakout that keeps buy-on-dips strategies in play above 55,850.
• The government revised rules for appointing whole-time directors at public sector banks, opening one of SBI’s four managing director roles to private-sector candidates and lifting PSU bank shares.
• Foreign institutional investors turned net buyers over the last three sessions with purchases of about Rs 2,830 crore, supporting risk appetite after a prior selling streak.
• Benchmarks finished roughly 1.5% higher for the week, with pharma and realty stronger and IT and metals softer, and mid- and small-cap indices also posting gains.
• Brokerages flagged momentum with fresh buy calls ahead of Q2FY26 results on names such as Amber Enterprises, BSE, Hindustan Zinc, Vedanta, Varun Beverages, Jayaswal Neco Industries and Bank of Baroda.