India’s blue-chip indices extend weekly gains on rate cut hopes

India’s benchmark indexes climbed for a second consecutive week, bolstered by optimism over potential rate cuts and strong domestic inflows. The rally was broad-based, with financials, metals, and autos leading the gains. Investor sentiment was supported by dovish commentary from central banks and easing bond yields. Analysts say the momentum may persist if global cues remain favorable. However, tech and export-oriented names showed relative softness, indicating sector rotation in play. Volume remained moderate.