Indian Markets Defy Geopolitical Jitters, Rupee Recovers Amid Easing Oil Prices
Indian equity benchmarks, the Sensex and Nifty, recorded notable weekly gains, with the Rupee recovering from recent lows, even as geopolitical tensions in the Middle East persisted. This market resilience, observed through the week ending May 8th, was largely supported by easing crude oil prices and a strengthening domestic currency, offering a counterpoint to global…
