Indian stocks closed in green, defy sharp downturn in global markets

New Delhi [India], September 9 (ANI): Indian stock indices rose substantially on Monday, defying a sharp downturn in the overnight US markets, possibly due to inherent strength in domestic market fundamentals.

Continued buying by foreign portfolio investors (FPIs) also somewhat cushioned the stock indices from a steep fall in the US market. Strong buying in banking, FMCG, and private banks, also supported the domestic sto