Indian market pauses after seven weeks of unstoppable rally

News Snapshot:

Following seven consecutive weeks of an unstoppable rally, Indian benchmark indices saw a little pause last week but maintained their position comfortably above crucial levels. Despite experiencing the worst intraday drop in nine months on Wednesday (December 19), the indices swiftly rebounded, reflecting robust market momentum. The Nifty 50 concluded last week with a marginal dip of 107.25 points, or 0.50%, settling at 21,349 points. During the week, the index achieved a new all-time high of 21,593 points. Similarly, the S&P BSE Sensex reached a historic high of 71,913 points last week, concluding at 71,106, with a decline of 376.79...