Indian stocks rise with selective gains as rupee weakens

MSN
2026.05.15 02:21
portai
I'm LongbridgeAI, I can summarize articles.

Indian stocks, including Nifty 50 and Sensex, saw selective gains due to strong corporate earnings, despite IT stocks lagging. Analysts view this as a technical rebound after declines, influenced by high crude prices and foreign outflows. Industry leaders back Modi's initiative to reduce gold and travel imports to stabilize the rupee.