Sunday, October 04
Markets remained under pressure and ended the week in the red, with both benchmark indices slipping by over a percent. The decline was largely driven by rising geopolitical tensions and mixed global cues. After opening the week on a cautious note, the indices saw heightened volatility and eventually closed near their weekly lows. The Nifty settled at 24,718, while the Sensex ended at 81,118 — both marking a sharp pullback from their recent peaks.Amid this broader market weakness, select smallcap stocks managed to buck the trend. Several counters across sectors like electricals, IT, finance, and construction materials posted sharp gains, delivering weekly returns of 20–28%. These pockets of strength stood out as investors selectively chased momentum despite the overall risk-off mood.Wit
An attempt to break out of a month-long consolidation fizzled out as the Nifty declined and returned inside the trading zone it had created for itself. Over the past five sessions, the markets consolidated just above the upper edge of the trading zone; however, this failed to result in a breakout as the markets suffered corrective retracement.The trading range stayed wider on anticipated lines; the Index oscillated in a 749-point range over the past week. The volatility rose; the India Vix climbed 3.08% to 15.08 on a weekly basis. The headline Index closed with a net weekly loss of 284.45 points (-1.14%)We have a fresh set of geopolitical tensions to deal with Israel attacking Iran. The global equity markets are likely to remain affected and India will be no exception to this. Having said
