Vodafone Idea and SBI Print 52-Week Highs Amid Sector Rotation

Across large caps, Vodafone Idea rallied alongside State Bank of India as investors rotated into telecom and financials. Multiple names in these groups posted gains of up to 25% this month on improving earnings visibility and balance-sheet repair. Traders pointed to easing rate expectations, resilient credit growth, and steady tariff momentum as key drivers. While breadth favored cyclicals, analysts cautioned on rich short-term valuations and urged selectivity in leveraged plays. Momentum screens showed sustained delivery buying in leaders, supporting the ongoing breakout attempts.