Stock market news, Dec. 15 -- The Indian stock market closed higher for the second day in a row on Friday, led by buying in metal stocks and positive global cues amid a 25 bps rate cut by the US Federal Reserve. However, despite this gain, the benchmark indices ended lower for the week amid a hefty selloff seen in the first three sessions.

The 30-share BSE Sensex climbed 449.53 points or 0.53% to settle at 85,267.66. And the 50-share NSE Nifty surged 148.40 points or 0.57% to settle at 26,046.95.

The gains followed despite significant selling by foreign portfolio investors (FPIs) who pulled out Rs.17,955 crore from Indian equities in the first two weeks of this month, taking the total outflow to Rs.1.6 lakh crore in 2025.

Market expert...