Dear Trader…
The Indian market had a splendid start to the week, with the benchmark index Nifty50 clocking new highs. The bullish momentum carried throughout the week, with Nifty being on a roll of achieving new heights daily. However, the stellar run of the eight consecutive days came to a halt ahead of the weekend as Nifty snapped its winning streak and took a breather. All in all, it has been an unprecedented move wherein the broader market also participated in levitating the sentiments. With the weekly closure, Nifty surged nearly a percent and settled a tad below the 18700 level.
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