The markets traded in the previous week on analyzed lines. It was largely expected that the markets may not see any runaway upmove but may keep the overall trend intact. In line with these expectations, the Nifty traded in a defined range ending the week on a modestly positive note. The trading range also stayed limited; the Index oscillated in a 492.65 points range. The volatility inched higher; India Vix rose by 1.75% to 15.23. The headline index closed with a net weekly gain of 126.05 points (+0.57%).
