Stock market indices rose to a five month high on Friday bolstered by heavy buying by foreign investors in stocks of banking companies, specifically HDFC Bank . In the coming week experts said the upward trend in the market could continue. Analysts said foreign investors will continue to remain on the sidelines in the near term. "This positive trajectory can continue in stocks with restorative Q3 results," said Vinod Nair, Head of Research, Geojit Financial Services. Sun Pharmaceutical Industries Dishman Pharma and Cadila Healthcare closed as the biggest percentage gainers in the broader market, rising between 4 and 6%.
Source: Economic Times February 18, 2017 16:12 UTC