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News 2026-10-16 10:53 UTC

Sensex Closes Higher, Posts Strong Weekly Gain

India’s BSE Sensex closed about 0.6% up at 74,729.3 on Friday, the highest level since September 23 and extending gains for the second session. Strong corporate earnings and tempered bets on US rate hikes supported market sentiment, while elevated crude prices and relentless foreign fund outflows remained a concern. Ma