Mumbai, April 17 -- Last week's euphoria on Dalal Street appears to have cooled, even as global indices outperformed Indian benchmarks. While optimism around US-Iran peace talks lent support, investor activity remained selective, driven more by stock- and sector-specific bets than broad-based momentum.

The Nifty 50 and Sensex rose over 1% this week, extending gains after last week's near 6% surge-their strongest in over five years-but the pace has now moderated. On Friday, both indices closed about 0.65% higher, with the Nifty at 24,353.55 and the Sensex at 78,493.56.

Globally, the rally has been far stronger. South Korea's KOSPI jumped around 6%, the Nasdaq gained over 5%, while markets in Indonesia, Taiwan and Japan rose 2-4%.





...