In this volatile trading week, India’s benchmark indices ended with marginal gains. Most stocks are near to the large support and have formed the reversal formation. Metals and FMCG stocks were the performers of the week and are likely to do well in the coming week as well. The performance of auto stocks was quite bad because of the rising COVID-19 cases. The vaccination program will boost the vehicle sector in the long term. Among sectors, the metal index rose nearly 4 percent, while infra and IT index rose a percent each. However, some selling was seen in banking sectors.
Read on in this week’s newsletter to know more…