India’s BSE Sensex closed about 0.3% up at 77,764 on Friday, the highest since early May and extending gains for a third straight session.
Cooling crude oil prices, growing expectations of a more accommodative global monetary policy stance and ongoing strength in IT stocks continued to support market sentiment.
The heavyweight tech sector continued to benefit from expectations that a more dovish US central bank could boost technology stocks globally.
HCL Tech (5.8%) led gains among stocks, with Tech Mahindra (1.8%), TCS (1.2%) and Infosys (0.6%) also advancing.
Bajaj Finance rose 1.4% as it reported a strong operational performance for the first quarter of FY27, with robust growth in assets under management (AUM), loan disbursements and customer acquisition.
Axis Bank, State Bank of India, Mahindra & Mahindra, Larsen & Toubro and Kotak Bank posted the largest declines, ranging between 0.7%-1.6%.
For the week, the index booked a 0.9% gain.