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India Stocks Rise, Capping Longest Weekly Streak in 10 Years

The Bombay Stock Exchange (BSE) building in Mumbai. — The Bombay Stock Exchange (BSE) building in Mumbai.
Photographer: Dhiraj Singh/Bloomberg

By

Ronojoy Mazumdar

January 1, 2021, 4:41 AM UTCUpdated onJanuary 1, 2021, 10:31 AM UTC

Indian stocks advanced, closing their longest weekly winning streak in a decade.

The S&P BSE Sensex climbed 0.3% to 47,868.98 in Mumbai at the end of a ninth straight week of gains. The NSE Nifty 50 Index advanced by the same magnitude.