indian markets surge as Sensex, nifty defy global tech turmoil
mumbai, Nov. 7 -- Indian equities headed into Diwali with a second straight weekly gain, powered by cheaper crude amid rising hopes of an end to the Iran war following US President Donald Trump's midterm election setback, and renewed foreign buying, even as a sell-off in technology stocks battered several overseas markets.
The Nifty and Sensex rose nearly 9% each during the week, marking their strongest weekly gains since February 2021. On Friday, the Nifty rose 2% to close at 25,030.35, while the Sensex advanced 2.2% to 81,028. P22...
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