Indian Stock Benchmarks Post Longest Winning Streak in Months
India’s equity markets extended gains for a third week running, aided by a U.S. rate cut and renewed optimism over trade talks with the United States. While investors cheered easing global financial conditions, Friday saw profit booking in sectors like IT and financials. Mid- and small-caps also participated in the strength, though broader indices ended lower on profit taking. Despite the dip, the week-long uptick signals improving sentiment and possible contrast to earlier volatility this year.
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30 days ago
Indian Stock Benchmarks Post Longest Winning Streak in Months
India’s equity markets extended gains for a third week running, aided by a U.S. rate cut and renewed optimism over trade talks with the United States. While investors cheered easing global financial conditions, Friday saw profit booking in sectors like IT and financials. Mid- and small-caps also participated in the strength, though broader indices ended lower on profit taking. Despite the dip, the week-long uptick signals improving sentiment and possible contrast to earlier volatility this year.
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Indian Stock Benchmarks Post Longest Winning Streak in Months
about 1 month ago
1 min read
76 words
Markets see a third straight week of gains after U.S. rate cut and trade optimism, despite some profit taking.
India’s equity markets extended gains for a third week running, aided by a U.S. rate cut and renewed optimism over trade talks with the United States. While investors cheered easing global financial conditions, Friday saw profit booking in sectors like IT and financials. Mid- and small-caps also participated in the strength, though broader indices ended lower on profit taking. Despite the dip, the week-long uptick signals improving sentiment and possible contrast to earlier volatility this year.
India’s equity markets extended gains for a third week running, aided by a U.S. rate cut and renewed optimism over trade talks with the United States. While investors cheered easing global financial conditions, Friday saw profit booking in sectors like IT and financials. Mid- and small-caps also participated in the strength, though broader indices ended lower on profit taking. Despite the dip, the week-long uptick signals improving sentiment and possible contrast to earlier volatility this year.