Stock market news, Nov. 17 -- Indian benchmark indices, Nifty 50 and Sensex, broke their two-week losing streak, concluding the week with significant gains. The Nifty 50 experienced an increase of 1.64% or 417 points, closing at 25,910, while the Sensex rose by 1.62% or 1,346.50 points, ending at 84,562.78. This broader recovery was backed by three crucial global and domestic factors.
Experts suggest that there is an enhanced risk appetite among foreign investors, who have become selective buyers in Indian equities. Additionally, substantial progress in the U.S.-India trade deal has bolstered sentiment, as markets anticipate improved access, reduced trade barriers, and a positive impact on export-oriented sectors like IT, pharmaceuticals...
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