Stock market recap, Nov. 9 -- Indian benchmark indices shrugged off a sharp global selloff to extend their winning streak to a seventh straight session on Dhanteras, with the Nifty 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.

The rally came despite a sharp overnight selloff on Wall Street, where the Nasdaq fell 5.5% amid concerns over AI regulation and stretched technology valuations. Sentiment was supported by nearly Rs.15,000 crore in record foreign buying on Thursday and a 0.6% rise in the rupee to...