Nifty Near Highs as Sector Leadership Rotates on RRG

The markets traded with a positive bias through the week, maintaining a broadly upward trajectory and ending with net weekly gains. The Nifty moved in a narrow intra-week range of 390.45 points, oscillating between a low of 25,856.20 and a high of 26,246.65. Volatility surged sharply, with the India VIX spiking by 14.18% on a weekly basis to close at 13.63, indicating a notable uptick in hedging activity. The Nifty ended the week higher by 158.10 points or 0.61%.