India's benchmark stock indexes recorded their largest five-day gains since February 2021, driven primarily by strong performance in the financial sector. The rally was supported by better-than-expected earnings from major banks and a weaker U.S. dollar, which boosted investor sentiment. The Reserve Bank of India (RBI) finalized new guidelines easing the liquidity coverage ratio (LCR) requirements for banks, which took effect in April 2026. These less stringent rules provide banks with greater liquidity cushions, contributing to optimism in the country's $750 billion financial services sector. As a result, the Nifty Bank index reached an all-time high of 55,929.80, with notable gains in shares of Canara Bank (+3.13%), Bank of Baroda, Kotak Mahindra Bank, HDFC Bank, and State Bank of India. The easing of liquidity norms and strong financial earnings have collectively propelled Indian markets to their highest closing levels in nearly four months.