Weekly Market Update with the Best Stock Advisory in India

weekly market updateTrading for the week finished on a positive note as key indices settled with modest gains after a volatile and range bound session of trade as firmness in European stocks perked up sentiment. The barometer index, the S&P BSE Sensex, gained 87.53 points or 0.27% to settle at 32,325.41. The Nifty 50 index rose 52.75 points or 0.53% to settle at 10,066.40. Nifty settled above the psychologically important 10,000 mark after falling below the mark in intraday trade. Indices snapped two-day losing streak. Caution prevailed in global stocks ahead of US nonfarm payroll data for July, which is due later in the global day. On the macro economic front, the index of industrial production (IIP) data for the month of June is slated to release after market hours on Friday, 11 August 2017.

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