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Below the Quote on Weekly Market Round-off by Shrikant Chouhan, Head - Equity Research, Kotak Securities Ltd 

“Global equities extended the relief rally this week amid ramp-down of US tariffs post trade deal between US and UK/China. Indian markets saw a strong rally this week and was among the major gainers, as the domestic markets also priced in a ramp-down in geopolitical risks. The Nifty-50 and the Sensex-30 index saw weekly gains of ~4%. Overall market breath was strong with BSE Midcap and the BSE Smallcap indices significantly outperforming the larger peers.  On the sectoral front, all the key indices ended the week in the green with multiple indices closing with weekly gains in excess of 5%. So far, aggregate earnings growth of the Nifty-50 Index stood at 7.5% yoy in Q4FY25. India’s CPI inflation decelerated further to 3.2% in April 2025 with continued moderation in food prices. With a benign outlook for inflation, we expect rate cut of another 75-100 bps by the end of FY26. Low crude oil price, expected good monsoon, RBI rate cut and lower inflation are some of the positive macro factors for the Indian economy.  The increase in FII inflows demonstrates positive sentiment for India, possibly reflecting conviction among investors that India is a relatively better market, in the light of global growth challenges.”

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