FIERY BULLS !!! – Issue #041

Published on 17/10/2021

Market continued the gaining momentum in the second consecutive week with benchmark indices rising to fresh record high supported by the positive cues. In the last week, BSE Sensex rose 1,246.89 points to close at 61,305.95, while the Nifty50 rose 443.3 points to close at 18,338.5 levels. The broader indices – BSE Midcap and Small-cap indices added 3.3 and 2 percent, respectively. In the coming week, the domestic market awaits the release of quarterly earnings to determine the market trend. Banking will be the key sector under focus in the coming days as the sector is set to kick start its earnings season.

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