New Delhi, April 28 -- The Indian stock market extended its recovery for another week, though the overall weekly gains were modest. Key domestic indices, Sensex and Nifty 50, posted their second straight week of advances.

After an initial rally, the benchmarks traded within a narrow range midweek before encountering profit booking in the final session. Ultimately, the Nifty 50 slipped 0.86% to close at 24,039.35, while the BSE Sensex fell 0.74% to settle at 79,212.53.

The Nifty 50 rose by 0.79 percent, marking its second consecutive advance and signaling a positive market sentiment. The index successfully closed above the key psychological level of 24,000, breaking through a significant technical barrier. It also stayed above the 21-day...