Indian equity benchmarks set for fourth session of gains driven by banks

Oct 7, 2025, 13:56 GMT+7
Reuters - Nifty 50and Sensexup 0.3% each; set for fourth consecutive session of gains
** Financialsup 0.5%, biggest contributors to benchmarks' gains, amid positive pre-earnings updates and RBI lending reforms
** HDFC Bankand ICICI Bank- heaviest stocks on Nifty index - gain 1% each
** 13 of 16 major sectors up; broader mid-capsand small-capsadd 0.3% and 0.4%, respectively
** Union Budget's income tax cut, GST rate cuts, and low-interest-rate regime are likely to support India's GDP growth and corporate earnings in fiscal year 2027, says VK Vijayakumar, chief investment strategist at Geojit Investments
** Bucking the trend, retailer Trentdown 2% after weaker-than-expected Q2 sales
** YTD, NSEI up 6.6%, BSESN advance 5.2%

Sumber : Reuters