Indian benchmarks log biggest five-day gains in four years as financials rally
India's benchmark indexes logged their biggest five-day gains since February 2021, boosted by heavyweight financials following better-than-expected earnings, while a weaker U.S. dollar further propped up investor sentiment. The Nifty 50 gained 1.15% to 24,125.55 on Monday, while the BSE Sensex rose 1.09% to 79,408.50. Financials, which comprise over 37% of the Nifty 50, have jumped 9.5% in five sessions and hit lifetime highs.