Week Ahead: Nifty May See A Stable Start; RRG Shows Weakening and Shifts in Leadership

The markets traded in a largely trending manner over the past week, maintaining a positive undertone throughout. After a relatively steady start, the Nifty continued to inch higher, showing resilience despite global event risks. The Index oscillated in a narrow 387-point range, between 24,751.55 and 25,139.45. Meanwhile, India VIX declined by 6.10% on a weekly basis, closing at 10.12, which is one of its lowest levels in recent times. Nifty ended the week with a net gain of 373 points or 1.51%.