Indian stocks buck global tech rout, post best week in 6 years
Indian stocks posted their biggest weekly gain in six years as a fall in crude prices and limited exposure to AI-linked stocks helped them weather a global tech selloff. Foreign investors, who had largely shunned Indian equities this year, made their biggest purchases in about six years in the four days through Thursday, fuelling the rally. On Friday, the Nifty 50 rose 2.01% to 25,030.35 and the…
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Indian stocks buck global tech rout, post best week in 6 years (opens Business Recorder in a new tab)
Indian stocks posted their biggest weekly gain in six years as a fall in crude prices and limited exposure to AI-linked stocks helped them weather a global tech selloff. Foreign investors, who had largely shunned Indian equities this year, made their biggest…
