The Indian stock markets surged on Thursday recouping nearly 3% from the sell-off on Monday. Despite a harsh sell-off on Monday, the markets made the longest stretch of weekly gains at least since 2018. As domestic institutional investors are missing in action, FIIs are expected to keep supporting buoyancy in the markets. “Sustainability of economic recovery and Q3FY21 earnings are likely to play important roles for domestic markets in the near term. (Ashwin Ramarathnam contributed to the story)Subscribe to Mint Newsletters * Enter a valid email * Thank you for subscribing to our newsletter.

Source: Mint December 24, 2020 15:33 UTC