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Cooling crude prices drive weekly gains; Street expects Q2 earnings recovery

As reported by Stocks-Markets-Economic Times
Indian stock markets closed slightly higher on Thursday, marking a third consecutive week of gains, buoyed by falling crude oil prices. The Nifty 50 and Sensex both edged up, with easing oil prices boosting investor confidence. Analysts suggest dips may attract buying, anticipating improved corporate margins from the second quarter, even with potential monsoon deficits. Volatility expectations also decreased.
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Indian stock markets closed higher on Thursday, marking a third consecutive weekly gain, primarily driven by falling crude oil prices. Both the Nifty 50 and Sensex advanced, boosting investor confidence. Analysts anticipate improved corporate margins and a strong Q2 earnings…

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