Nifty: Dalal Street week ahead: Market at crucial juncture; stay highly sector & stock-specific
Indian equities continued a measured climb over the past five days, and have gone on to pile up some incremental gains. After a brief consolidation at the start of the week, Nifty has gone on to mark fresh lifetime closing highs each day, as liquidity continued to chase equities. The Dollar Index remained weak, which fuelled FII inflows to the emerging markets in general. The headline index itself oscillated in a 326-point range and ended with a net gain of 246 points, or 1.83 per cent, on a weekly basis. This was the seventh straight week of gains for the index. The coming week is a truncate...
Source: indiatimes.com