Indian equities extended their June rally on Friday, with the benchmark Sensex advancing 303.03 points to close at 84,058.90 and the Nifty 50 gaining 88.80 points to 25,637.80. The performance marked a nine-month high for the Nifty and the fourth straight daily rise for both gauges, leaving them less than 3% shy of last year’s record peaks. The Nifty Bank index also notched an all-time high above 57,400. Dealers pointed to a softer dollar, lower US Treasury yields and speculation that Washington could delay or soften forthcoming tariff measures as tailwinds for risk assets. Public-sector banks, oil and gas producers and mid- and small-capitalisation shares led the advance. For the week, the Sensex and Nifty rose more than 2% apiece, while the Nifty Small Cap index climbed about 4%, underscoring broad participation in the up-move. Among individual stocks, Jio Financial Services jumped roughly 5% to a six-month high after the Securities and Exchange Board of India granted its joint venture, Jio BlackRock Broking, a certificate to operate as a stock broker and clearing member. The approval adds to a series of regulatory milestones for the partnership between Jio and BlackRock. Reliance Industries, Jio’s parent company, briefly traded above a ₹20-trillion market capitalisation, bolstering expectations that domestic blue-chips could propel the Nifty toward new records in the July derivatives series.