Market Momentum Continues: Nifty Hits 52-Week High, BankNifty & Finnifty Soar to All-Time Peaks

Broader equity indices extended gains in the last trading session of the week. Nifty touched a fresh 52-week high, reflecting continued market optimism. Both BankNifty and Finnifty achieved spectacular new all-time highs, not only surpassing their previous peaks but also closing above them, signaling strong momentum in financials. Among sectors, FMCG led the rally, gaining 1.37% on the day, while Nifty IT emerged as the top laggard, down 1.63%. Major IT names saw significant declines, with

falling over 5% and closing down more than 2%, marking its fifth consecutive losing session. In BankNifty, heavyweights and recorded positive closes for the fourth straight session, contributing to the index’s robust performance. Market participants witnessed broad-based gains, particularly in financial and consumer-focused segments. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.