Stock market today, Oct. 17 -- Indian stock market indices recovered from initial declines on Friday, with Nifty 50 reaching a one-year high, as increases in Reliance Industries ahead of its earnings report offset the drops in Infosys and Wipro, which experienced setbacks due to margin concerns despite strong earnings.
The Nifty 50 increased by 0.4% to 25,679 . 70, marking its highest level since October 1, 2024, while the Sensex rose by 0.50% to 83,878.81 as of 13:28 IST. Both indices had decreased by about 0.2% at the start of trading.
The indices concluded Thursday at three-month highs and are currently less than 3% away from their all-time highs recorded in September 2024.
Market trends show a bullish consolidation following a rece...
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