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Indian Equities Post Best Weekly Gain in Nearly Six Months

By HDFC SKY | Last Updated: Oct 19, 2026

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Wall Street ended the week split as heavy semiconductor and AI‑linked selling underscored concentration risk, dragging the Nasdaq and S&P lower even as the Dow rose on value rotation. Brent stayed above $107 amid Middle East tensions, keeping macro worries elevated.

India outperformed: Nifty logged its strongest weekly gain in six months, the rupee recovered, and IT led a broad domestic rebound.

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