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Core Development: Live: Nifty, Sensex surge up to 3% this week; rupee strengthens over 1% | Closing Bell
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Market & Financial Impact: Watch the Closing Bell LIVE as the markets wrap up the week on a firm note. Bulls held their ground on Friday, with the Nifty recovering around 150 points from the day’s low to stay above 23,050, while the Sensex staged a comeback of nearly 700 points from its intraday low. Both indices gained up to 3% this week, extending the winning streak to a second straight week. Nifty IT was the top sectoral gainer of the week, up 10%, with buying also seen in auto and metal stocks. Banking stocks stayed under pressure ahead of the major Q2 results, with all eyes on HDFC Bank, Axis Bank and Kotak Bank. The broader markets were mixed, with the Midcap index outperforming. Among Nifty 50 stocks, Tech Mahindra, TCS and Infosys were the top gainers, while InterGlobe Aviation, BSE and Tata Consumer were the top losers. Stay tuned for the day’s closing numbers, sector trends, stock-specific action and expert views.
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.
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Live: Nifty, Sensex surge up to 3% this week; rupee strengthens over 1% | Closing Bell
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