Nifty had a good week, closing higher on all five trading sessions of the last week. However, the magnitude of gains was minimal (0.1-0.5%). Trading volume also remained below average throughout the week.
Nifty started the previous week on a negative note, as it closed lower in the first four trading sessions. However, Friday's session pared the week's losses and helped the index close higher for the eighth consecutive week.
Global Stock Markets: Dow 30, +0.5%; S&P500, +0.3%; NASDAQ, +0.4%; Kospi, +0.1%; Shanghai, -0.2%. Yesterday, Nifty started on a positive note. However, the index pared most of its gains and marked the day's low within the first 30 minutes.
