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Below the Quote on Market by Mr. Vikram Kasat, Head - Advisory, PL Capital

“Indian equity markets ended the week on a strong note, with benchmark indices posting robust gains on Friday. However, the overall weekly trend was muted, with the Sensex and Nifty slipping nearly 1% each due to global headwinds. Concerns over foreign fund outflows and the U.S. fiscal situation kept investors cautious mid-week, even as domestic sentiment remained largely stable.

On Friday, the Sensex jumped 769 points to close at 81,721, while the Nifty rose 243 points to settle at 24,853, gaining nearly 1% each. The rally was led by FMCG and IT stocks, with heavyweights like ITC, Infosys, and Tech Mahindra showing strong performance. Meanwhile, Sun Pharma and Bharti Airtel emerged as notable laggards.

Key Highlights

- Top Gainers: Eternal (+3.15%), ITC (+3%), Power Grid, Infosys, Tech Mahindra

- Sectoral Performance: FMCG and IT rallied; Pharma and Healthcare underperformed

- Broader Markets: Midcap index up 0.5%, Smallcap index up 0.45%

What to Watch Next Week

The focus in the coming week will be on global market signals, U.S. economic data, and India’s upcoming GDP release. With steady corporate earnings and positive domestic flows, the market could maintain its upward bias, though some consolidation cannot be ruled out. External developments and liquidity trends will likely guide near-term moves.”

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