By Andy Mukherjee
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
When President Barack Obama assumed the presidency of the United Nations Security Council Wednesday, he summoned the full weight of U.S. power to a cause with seeming universal appeal: defeating the barbarism of Islamic State -- or, as Obama calls the militant group, Islamic State in Syria and the Levant (ISIL).
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The Nifty closed at a new closing high of 7,954 amid volatility in an eventful week that started with the Supreme Court ruling that the allocation of more than 200 coal blocks over the past two decades was illegal.