Benchmark indices ended in the green for a fourth straight session on June 27, with Nifty 50 managing to touch a high of 25,650, powered by broad-based buying on hopes of extension of Trump tariff deadline and the possibility of a soon-than-expected US Fed rate cut.

The Nifty Bank index hit another record high in the session to end above 57,400 for the first time.

At close, the Sensex was up 303.03 points or 0.36 percent at 84,058.90, and the Nifty was up 88.80 points or 0.35 percent at 25,637.80. BSE Midcap index rose 0.4 percent and smallcap index gained 0.5 percent.

For the week, BSE Sensex and Nifty added 2 percent each.

Akzo Nobel India shares rose 6% after JSW Paints said it will acquire stake worth Rs 8,986 crore, Jio Financial shares gained 4 percent after SEBI clears Jio BlackRock Broking to operate as stockbroker, SBI shares rose 1% as CLSA maintains outperform call, Torrent Pharma shares surged 4% after JPMorgan upgraded it to overweight, and Ahluwalia Contracts' shares added 5 percent on winning two contracts.

More than 130 stocks on the BSE touched their 52-week highs, including Godfrey Phillips, Navin Fluorine, Nuvama Wealth, Abbott India, Solar Industries, Interglobe Aviation, Laurus Labs, Max Healthcare, Dalmia Bharat, TVS Motor, HDFC Life, MCX India, Bharti Airtel, Gillette India, Hyundai Motor, Max Financial, Fortis Healthcare, Lloyds Metals, among others.

The IPO, which the largest by an NBFC in India, received bids for over 198 crore shares, as against the offer size of 13.04 crore shares, according to data on NSE at 3.40 pm.

Qualified institutional buyers (QIBs) took the lead in the subscription race in the second half of the day, by booking their reserved portion nearly 50 times. Non Institutional investors have subscribed their reserved portion nearly 9.88 times. Retail investors have now fully booked their quota.

The maiden public offer by the subsidiary of HDFC Bank will remain open for public bidding from June 25 to June 27. The company aims to raise Rs 12,500 crore through the IPO which comprises a fresh issue of Rs 2,500 crore, and an offer for sale (OFS) of Rs 10,000 crore by parent company HDFC Bank, which holds 94.3 percent stake in the NBFC.

The price band for the IPO has been set at Rs 700-740 per share. Investors can bid for a minimum of 20 shares, requiring an investment of Rs 14,800, and in multiples thereafter. The allotments are likely to be announced on June 30, and the shares of the company will likely be listed on stock exchanges BSE and NSE on July 2.