Indian markets close week higher on crude dip and strong earnings momentum
Benchmark indices Nifty 50 and Bank Nifty closed the prior week with gains of ~2 %, supported by global tailwinds, softening Brent crude prices, and upbeat Q2FY26 results. Banking and auto stocks led the rally, while IT and FMCG posted mild corrections. Analysts expect momentum to continue if crude remains under $80/barrel. The rupee logged its best week in months, appreciating ~0.7 % against the USD. Despite geopolitical tensions, India’s equity outlook remains stable with foreign inflows strengthening ahead of the festive season.
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16h ago
Indian markets close week higher on crude dip and strong earnings momentum
Benchmark indices Nifty 50 and Bank Nifty closed the prior week with gains of ~2 %, supported by global tailwinds, softening Brent crude prices, and upbeat Q2FY26 results. Banking and auto stocks led the rally, while IT and FMCG posted mild corrections. Analysts expect momentum to continue if crude remains under $80/barrel. The rupee logged its best week in months, appreciating ~0.7 % against the USD. Despite geopolitical tensions, India’s equity outlook remains stable with foreign inflows strengthening ahead of the festive season.
positive
Indian markets close week higher on crude dip and strong earnings momentum
about 17 hours ago
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Nifty 50 and Bank Nifty gained ~2 % last week on crude softness, strong Q2 results, and steady foreign inflows.
Benchmark indices Nifty 50 and Bank Nifty closed the prior week with gains of ~2 %, supported by global tailwinds, softening Brent crude prices, and upbeat Q2FY26 results. Banking and auto stocks led the rally, while IT and FMCG posted mild corrections. Analysts expect momentum to continue if crude remains under $80/barrel. The rupee logged its best week in months, appreciating ~0.7 % against the USD. Despite geopolitical tensions, India’s equity outlook remains stable with foreign inflows strengthening ahead of the festive season.
Benchmark indices Nifty 50 and Bank Nifty closed the prior week with gains of ~2 %, supported by global tailwinds, softening Brent crude prices, and upbeat Q2FY26 results. Banking and auto stocks led the rally, while IT and FMCG posted mild corrections. Analysts expect momentum to continue if crude remains under $80/barrel. The rupee logged its best week in months, appreciating ~0.7 % against the USD. Despite geopolitical tensions, India’s equity outlook remains stable with foreign inflows strengthening ahead of the festive season.