Economy
Indian Equities Post Strong Weekly Gains Led by IT Stocks
Livemint1h
THE BRIEF
1
Indian benchmark indices posted strong weekly gains as the Nifty 50 rose 2.77% and the Sensex surged 3.11% amid renewed buying in IT shares.
2
On Friday, the Sensex climbed 413.66 points to close at 74,729.27 while the Nifty advanced 148.80 points to settle at 23,146.15.
3
Market analysts noted that weekly foreign portfolio outflows narrowed to ₹8,991 crore while domestic institutional investors purchased shares worth ₹7,813 crore.