Nifty’s ‘best week’ in years signals a rally—here are 5 stocks to watch for your festive portfolio.
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Nifty rose 8% to record its best week in 5 years on Friday.
- ✓The index closed at 25,030 after a strong rally, while Sensex jumped 1,718 points to finish above 81,028.
- ✓Analyst Sudeep Shah said the Nifty has staged a powerful comeback, showing a significant improvement in the index's technical structure.
Story at a Glance
- Category
- Indian Markets
- Reported By
- The Economic Times
- Reading Speed
- 8 Minute(s)
- Market Focus
- India Economy
The Indian stock market ended the week with a bang, with Sensex and Nifty rallying more than 2% each on Friday even as global markets crashed as the AI frenzy fizzled out following US President Donald Trump’s defeat in the midterm elections. Benchmark Nifty rose 8% to record best week in 5 years.
Sensex jumped 1,718 points to close above 81,028 while Nifty gained around 494 points to close at 25,030 on Friday. The rally in benchmark indices came even as broader markets slipped into the red.
Analyst Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the Nifty, HDFC Bank, and AI-linked stocks.
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The Economic Times
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