Value Buying Helps Indian Shares Limit Weekly Losses
Indian benchmarks rose Friday as value buying and IT gains offset Iran war concerns. The Nifty and Sensex ended the week slightly lower after a sharp selloff.
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Xurve View
Equity markets in India saw a modest recovery on Friday as investors engaged in value buying to mitigate a week of significant volatility. The Nifty 50 index climbed 0.49% to finish at 23,114.50, while the BSE Sensex rose 0.44% to 74,532.96. Despite the daily gains, the benchmarks concluded the week with marginal losses of 0.16% and 0.04%, respectively, following a sharp 3.3% selloff on Thursday—the steepest single-day decline since mid-2024.
