Markets to continue both sides movement (Market Watch)
The week gone by had mere four trading days but had plenty of action in it. It had two days of super gains on Monday and Thursday and two flat days. It gained 1,308.39 points or 3.50 per cent to close at 38,697.05 points. NIFTY gained 366.70 points or 3.32 per cent to close at 11,416.95 points. The broader markets saw BSE100, BSE200 and BSE500 gain 3.31 per cent, 3.31 per cent and 3.30 per cent respectively. BSEMIDCAP gained 3.32 per cent while BSESMALLCAP gained 3.28 per cent. Markets gaining almost identical between 3.28 per cent to 3.32 per cent is a rare event and I do not recall having seen such an event in a very long time. I am not sure what to make out of it but am sure that time will make us wiser.