🇮🇳 India — Weekly Briefs

Indian Equities Extend Four-Week Rally on GST Collections and Easing Oil

Indian benchmarks rose for a fourth straight week through July 5, with Nifty gaining 0.89% and Sensex 0.86%, reclaiming fifth-largest global market status amid supportive macro data. Strong May industrial production, robust June GST collections, and RBI signals of continued accommodation lifted sentiment alongside lower crude prices. Investors may monitor foreign inflows and monsoon progress for further clues on domestic demand resilience.