India's banks head for longest weekly winning run since June on steady earnings
India's Nifty Bank Index rises 0.7%, marking its fourth consecutive week of gains, the longest streak since June. Stable earnings from major banks like HDFC Bank and State Bank of India contribute to the rally. Analysts predict improved credit growth and stable asset quality, with cheaper valuations and reduced foreign selling aiding the index's rise. The index is up 16.2% YTD, outperforming Nifty 50's 10.6% increase.
