We witnessed a highly volatile market last week. The global markets trading deep in the red as aresult of unsettling pace of US bond yields and a surge in COVID cases worldwide. After a 5 days losing streak, all the sectoral indices ended in green on the last trading session. The Nifty energy index rose 3 percent, while metal and FMCG indices added 2 percent each. Auto stocks were under pressure after the announcement of the government’s new scrapping policy.
Read on in this week’s newsletter to know more…