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Nifty logs best week in a month, up 4.2%
Business Standard
|May 17, 2025
Ceasefire with Pakistan, US deal hopes fuel gains
India's benchmark Nifty ended the week with a 4.2 per cent rise, marking its best weekly run since April 18, as investors cheered a truce with Pakistan, trade talks with the United States (US), and expectations of domestic interest rate cuts.
The Nifty ended at 25,020, down 42 points or 0.17 per cent, while Sensex ended Friday's session at 82,331, down 200 points or 0.24 per cent, paring its weekly gain to 3.6 per cent.
The week began with the Sensex and Nifty posting their largest single-day gains in over four years, following a ceasefire agreement between India and Pakistan. Investors heaved a sigh of relief as the ceasefire eased concerns about the economic impact of a potential war breaking out between the two nuclear-armed neighbours.
This story is from the May 17, 2025 edition of Business Standard.
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