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Nifty gained 0.44% WoW to 22,520.45, snapping its eight-week losing streak as IT and banking stocks led the recovery despite FII selling, elevated crude prices and global uncertainty. Full recap & outlook for October 12–16.
Sensex rises 285 points and Nifty gains 114 points as TCS leads IT stocks higher. Brent crude stays above $100 amid US-Iran tensions and inflation risks.
The Sensex and Nifty may attempt to extend their recovery during October 12-16 if domestic buying remains strong and global financial conditions stay supportive. However, the sustainability of the rebound will depend on whether institutional inflows can offset continued foreign selling. Any renewed rise in global…