Pulse of the Street: Indian stocks cool after surge as global markets race ahead

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The Nifty 50 and Sensex rose over 1% this week, extending gains after last week’s near 6% surge — their strongest in over five years — but the pace has now moderated. On Friday, both indices closed about 0.65% higher, with the Nifty at 24,353.55 and the Sensex at 78,493.56.