Stock market news, Aug. 17 -- Indian stock markets broke a six-week downturn and closed almost a percent higher during the week shortened by holidays.

The week began on a positive note, but the momentum slowed down in the following days due to mixed indicators. In the end, the benchmark indices rose, with the Nifty 50 finishing at 24,631.30 and the Sensex at 80,597.66.

Experts suggest that in the upcoming week, investors will monitor domestic high-frequency data, including HSBC India Manufacturing, Services, and Composite PMIs, for insights into growth momentum.

On the global front, US economic indicators such as building permits, housing starts, FOMC minutes, jobless claims, and PMI flash surveys will be under close scrutiny.

On the ...