The Indian stock market finished at its highest point in 10 weeks, fueled by foreign portfolio investors (FPIs) purchasing index-eligible bonds for the 21st consecutive day and a boost in banking shares due to robust loan expansion. Market experts noted that lower oil prices, attractive valuations, and a potential rotation out of AI-focused international trades might provide a tailwind for Indian stocks. However, upcoming corporate earnings reports and monsoon statistics will serve as critical indicators for future performance.
by shortkt.com✓