Indian stock market flirts with new highs, but volatility keeps things interesting
Indian stock markets nearly hit all-time highs this week—Sensex touched 86,159 and Nifty50 reached 26,325.8.
Still, both ended the week mostly flat amid lots of ups and downs.
Why does this matter?
If you're watching your investments or just curious about the economy, these swings reflect recent market volatility.
Foreign investors sold off over ₹10,000 crore in shares, but domestic investors stepped up with big buys.
While tech stocks like Infosys and TCS did well, mid-cap and small-cap stocks took a hit.
What's behind the moves?
The RBI surprised everyone with a small rate cut and bumped up its growth forecast for next year to 7.3%, which gave markets a bit of optimism.
Meanwhile, the rupee dipped to a record low against the dollar before bouncing back slightly—just another sign that volatility isn't going away soon.