Published on 04/07/2021

Indian benchmark indices had consolidation and corrections this week. The Sensex was up 115.59 points or 0.22% at 52434.19, and the Nifty was up 28.10 points or 0.18% at 15708.10. Among sectors, metal and power indices shed 1 percent each, while buying was seen in the infra, pharma and banking names. The BSE midcap ended flat, while the smallcap index added 1 percent. The market seems to have priced in the expected earnings and economic recovery with the easing of restrictions across the nation. So, the bull market run is expected to continue.

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