New Delhi, Oct. 19 -- largely stable Q2 results, signs of FIIs (foreign institutional investors) coming back to the Indian stock market, and the dollar's weakness propelled Indian stock market benchmarks- the Sensex and the Nifty 50- to their 52-week highs during the week ended Friday, October 17.
The Sensex and the Nifty 50 extended their gains to the third consecutive session; for the month, the Sensex is up 4.6 per cent and the Nifty 50 has gained 4.5 per cent.
"The rally was underpinned by strength in consumption-driven sectors and a broad-based recovery across realty, healthcare, and banking. Investor confidence was further buoyed by easing concerns around asset quality in the financial sector and expectations of improved volume gr...
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