Indian Markets Rally as Sensex and Nifty Gain Amid Global Tech Sell-Off
Indian equity markets recorded a second consecutive weekly gain ahead of Diwali, driven by cheaper crude oil and hopes of an end to the Iran war after US midterm election results. The Sensex and Nifty rose nearly 9% each during the week, their strongest since February 2021. Consumer durables, realty, and financial services led the rally, supported by renewed foreign buying and India's limited exposure to the global AI trade.
HT Business·


