While global technology stocks faced selling pressure, Indian markets delivered their strongest weekly gains in nearly six years.
📈 Weekly performance:
• NIFTY 50: +8.6%
• SENSEX: +8.8%
What drove the rally ❓
Lower oil prices, strong foreign investment inflows, and a strengthening Indian rupee helped support investor confidence.
As a major oil importer, India can benefit from lower energy costs, while foreign capital inflows can provide additional support to its stock .
🌩 The key takeaway: Global markets don’t always move together. Different economies respond differently to the same events.
When one market struggles, another may find strength.