Indian shares logged weekly gains on Friday after U.S. boutique investment firm GQG Partners’ $1.87 billion investment in Adani stocks spurred a broad-based rally and helped markets look past rate-hike worries for the moment.
The Nifty 50 index rose 1.57% to 17,594.35, while the S&P BSE Sensex closed 1.53% higher at 59,808.97. Both benchmarks posted their best day since November 11.
