Economy
Indian Stock Indices Nifty 50 and Sensex Rebound Ahead of Diwali Week
Livemint1h
THE BRIEF
1
The Nifty 50 and BSE Sensex reversed previous losses to end the week positively, driven by gains in pharmaceutical and IT stocks ahead of Diwali.
2
The Nifty 50 surged 2.59% over the week while closing 0.51% higher at 23,053.10 points on Friday, and the BSE Sensex advanced 1.6% over the week.
3
Market analysts expect Indian equities to remain range-bound with volatility next week due to crude oil price fluctuations and the US midterm elections.