India Stock Market This Week: Nifty’s Second Weekly Gain Came With One Big Warning
Indian stocks fell Friday, with the Nifty 50 down 0.62% and the Sensex off 0.66%, but both indexes posted weekly gains. Brent crude rose above $100 on renewed U.S.-Iran tensions, pressuring the rupee and stoking inflation concerns. State Bank of India dropped after missing profit estimates. Foreign investors sold 41.11 billion rupees in shares Friday, while domestic funds bought 67.48 billion.