Stock market recap, Nov. 9 -- Indian equities shrugged off a sharp global selloff to extend their winning streak to a seventh straight session on Fridau, with the benchmark Nifty 50 reclaiming the 25,000 mark on strong buying in large-cap banks and financials.

The Nifty surged 493.75 points, or 2.01%, to close at its day's high of 25,030.35, while the Sensex jumped 1,718.01 points, or 2.17%, to settle at 81,028.02. The benchmarks gained about 8.6% over the week.

Sentiment was supported by nearly Rs.15,000 crore in record foreign buying on Thursday and a 0.6% rise in the rupee to 93.91 against the dollar, even as Brent crude rebounded to around $97 a barrel.

Banks and financials led the gains, with the Bank Nifty rising 2.27%. Consumer ...