Indian markets saw a surge in stock prices on Friday. Retail and technology sectors led the gains. Investors anticipated a Federal Reserve interest rate cut. Major indexes recorded weekly gains. The Nasdaq experienced a monthly decline due to AI valuation concerns. A CME Group outage briefly disrupted trading. The holiday shopping season commenced with Black Friday and Cyber Monday.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG