Indian Equity Markets Extend Rally for Fifth Consecutive Session

Indian equities continued their upward momentum for the fifth straight session, with the benchmark Sensex gaining 296 points to close at 82,153.42 and the Nifty rising 73 points to 25,123.45. Pharmaceutical and financial services stocks led the charge, while select auto and consumer names faced profit-taking.

Dr. Reddy's Laboratories surged 2.4% to emerge as the top Nifty performer, while Bajaj Finance and Reliance Industries both gained over 1%. The advance-decline ratio remained positive at 2,244 gainers versus 1,670 decliners, suggesting broad-based participation in the rally.

Market technicians note the psychological significance of the Nifty holding firmly above the 25,000 level, which has transformed from resistance to support. The sustained buying across sectors indicates growing investor confidence despite global macroeconomic uncertainties.