New Delhi, Oct. 19 -- The Indian stock market has been witnessing healthy buying interest over the last few weeks, largely due to expectations of an India-US trade deal, stable Q2 earnings, and modest buying by foreign institutional investors (FIIs) amid a fall in the US dollar and US Fed rate cut expectations.

The Nifty 50 extended its gains to its third consecutive week last Friday. The index is up 4.5 per cent in October so far after a nearly 1 per cent gain in September.

Stocks such as Nestle, Asian Paints, and Mahindra and Mahindra rose more than 5 per cent during the last week. However, shares of Infosys, Wipro, and TCS lost 2-5 per cent during the week.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indi...