New Delhi: Despite sharp volatility in financial markets globally this week, the Indian stocks managed to close the weekly trade with some gains. During the week that ended on Friday, the Indian benchmark indices rose over 1 per cent on a cumulative basis.
Brokerage firm HDFC Securities attributed the gains to positive global cues, cooling crude oil prices and consistent foreign fund inflows. IT index gained the most by 3.5 per cent followed by PSU at 2.6 per cent and bank and metal up 2.4 per cent each.
