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India stocks rise; rupee snaps winning streak
Indian stocks advanced, closing their longest weekly winning streak in a decade. The S&P BSE Sensex climbed 0.3% to 47,868.98 points in Mumbai at the end of a ninth straight week of gains. The NSE Nifty 50 Index advanced by the same magnitude. Indian equities returned about 16% last year, as investors bet the rollout of vaccines for Covid-19 will usher in a rapid recovery in the economic growth and boost corporate earnings.  The mid-and small-cap indexes outperformed the benchmark for the first time after 2017. “Corporate earnings post the dip are likely to stage a handsome growth trajectory,” analysts at ICICI Securities Ltd in Mumbai said in a note. “For the calendar year 2021, we expect

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