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Indian stock market rebounds 2,000 points, led by FMCG, IT, and banking stocks, but midcaps lag.
The Indian stock market saw a robust rebound of 2,000 points on Friday, ending the week positively.
This recovery, driven by FMCG, IT, and banking stocks, supports the 'buy on dips' strategy.
However, midcap and smallcap stocks underperformed, and metal stocks were affected by uncertainty over China's stimulus plans.
The Nifty IT index hit a new high, and a gradual recovery in industrial production data suggests better earnings in the second half of the fiscal year.
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La bolsa de valores india recupera 2.000 puntos, liderada por FMCG, TI y acciones bancarias, pero los midcaps se quedan rezagados.