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Mkts log longest weekly winning run in 2025 on US trade deal hopes
Business Standard
|May 03, 2025
Indian benchmarks rose on Friday to log their longest weekly winning streak of the year, led by index heavyweight Reliance Industries, while steady foreign inflows and renewed optimism over a potential India-US trade deal supported sentiment.
The Nifty 50 closed 0.05 per cent higher at 24,346.7 and the BSE Sensex gained 0.32 per cent to 80,501.99. Both benchmarks rose about 1 per cent earlier in the session before paring gains.
The Nifty rose 1.3 per cent this week while the Sensex added 1.6 per cent, marking their third straight weekly gain. Signals of progress on a bilateral trade agreement between India and the US buoyed market sentiment, with President Donald Trump hinting at potential trade deals with India, South Korea and Japan.
Cette histoire est tirée de l'édition May 03, 2025 de Business Standard.
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