Equity Market Commentary for the week

Indian markets settled with a gain at the end of a volatile week. The benchmark index Nifty ended with a gain of 3.32%.

India received above normal rainfall in the monsoon season this year, which is 3rd highest as per data by India Meteorological Department (IMD).

NIFTY50 3.3%, Midcap 3.8%, Smallcap 3.6%, Sectoral: Bank 6.0%, Metal 4.1%, Auto 3.9%, Realty 3.0%

Debt Funds Movement

Mutual funds bought debt worth Rs.496.92 crore as against sale of Rs.1093.93 crore on Sep 28,2020. This led to a net sale of Rs.597.01 crore compared with a net purchase of Rs.1360.63 crore on Sep25,2020.

 

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