The markets traded with a clear upward bias through the previous week and ended on a strong positive note. Nifty continued to march higher while posting gains for the third consecutive week. It oscillated in a wider intra-week range of 720.95 points as it traded between 25,060.55 and 25,781.50. However, even as the headline index gained ground, the market breadth remained relatively weak throughout the week—a key concern amid the rise. Meanwhile, India VIX spiked by 15.07% to 11.62, signalling a rise in near-term volatility expectations. Nifty ended the week with a net weekly gain of 424.50 points (+1.68%).

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