
Indian equity benchmarks, including Nifty and Sensex, closed the week at fresh all-time highs, driven by strong performance in banking and auto stocks. Nifty surged over 1% for the week, while Sensex gained 0.67% on the last trading day. Bank Nifty also reached record levels. Auto and PSU banking sectors showed strong momentum, attributed to robust sales and expectations of credit growth. The FMCG index saw a dip due to increased excise duty on cigarettes.
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