Indian equities surged, MSCI India index rose 6.6% week‑over‑week, outpacing most emerging market benchmarks.
Realty and auto sectors led gains, while IT and healthcare lagged behind.
Indian rupee appreciated 0.4% against the US dollar, and 10‑year bond yields fell 22 bps to 6.91%.
Jefferies India Model Portfolio outperformed MSCI India by 133 bps, beating EM Index by 82 bps and AxJ by 86 bps.