Indian markets closed higher on Friday, with Nifty 50 rising for an eighth consecutive session, supported by softer U.S. labor data, potential Fed rate cuts, and progress in U.S.-India trade talks. Domestic buying interest was seen in JBM Auto, Hindustan Copper, and Gujarat Mineral Development, while global markets showed mixed trends.
‘India more diversified:’ Sebi chief Tuhin Kanta Pandey comments on Taiwan’s market ascent
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan’s