Weekly market update, May 16, 2025
India’s benchmark equity indices ended the week higher as India and Pakistan called for ceasefire following four days of cross border tension. Progression in tariff talks between US and China also contributed to what was Sensex and Nifty’s highest jump since 2021. In terms of weekly performance, the Nifty 50 gained 4.21% and the Sensex advanced 3.62%. In the broader market, the BSE MidCap and SmallCap both outperformed the benchmark Sensex as they ended 6.87% and 9.21% higher respectively. On sectoral front, most sectoral indices posted gains.
In the coming week, analysts expect that with no significant global or domestic events on the calendar, markets are likely to turn their attention to domestic corporate earnings and high-frequency economic indicators for guidance. Developments in global trade agreements and their potential effects on international markets will also be monitored closely.
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