India's NSE Nifty 50 Index rose nearly 6% this quarter, leading major Asian stock markets
India's NSE Nifty 50 Index rose nearly 6% this quarter, making it the only major stock index among Asia's top five to post gains. This performance was driven by improving corporate earnings, lower oil prices, tax cut expectations, and an influx of foreign capital returning as other tech-dominated markets faced sell-offs. The index advanced for the fifth consecutive session on Wednesday, marking its longest winning streak since June.
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