Weekly market update, Sep 27, 2024

The India equity market indices logged gains for a third consecutive week largely driven a robust rally in metals and financial stocks, which have seen significant buying interest amid improving global and domestic cues. This week, the Nifty gained 1.49% and Sensex added 1.21%. The broader markets underperformed the benchmark indices as the BSE Midcap and the SmallCap indices ended 0.66% and 0.02% higher, respectively. All sectoral indices, but Nifty FMCG, ended higher. Nifty Metal rose the most.

As the new month begins, Analysts expect that investors will closely monitor key market triggers such as domestic and global macroeconomic data, auto sales data, second-quarter corporate updates, market watchdog’s board meeting, primary market action, foreign fund inflows, crude oil prices and global cues.

Please click here to read the detailed report: https://lnkd.in/gYVxqsBZ