Nifty logs weekly gain as markets cheer RBI’s surprise 50 bps rate cut

The benchmark NSE Nifty 50 index rose 1% for the week to close at 25,003, while the S&P BSE Sensex advanced 747 points on Friday to end at 82,189. The Nifty Bank index gained nearly 2% during the week, ending Friday at 56,578. Broader market outperformance continued, with the Nifty Midcap 100 surging over 3% to 59,010, reflecting robust investor appetite beyond the frontline indices.

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