Earnings-driven IT bounce powers Indian shares to best week in six months
Indian share benchmarks posted their best weekly performance in six months on Friday, powered by a rally in IT stocks after stronger-than-expected quarterly earnings and a selloff in global AI markets that prompted value-buying elsewhere. Investors now await...
Indian share benchmarks posted their best weekly performance in six months on Friday, powered by a rally in IT stocks after stronger-than-expected quarterly earnings and a selloff in global AI markets that prompted value-buying elsewhere. Investors now await results from several heavyweight companies, including major banks, and the initial public offering of Jio Platforms. The Nifty 50 rose 2.8% to 23,146.15 and the...