By – Mr. Vikram Kasat, Head – Advisory, PL Capital.

“D-Street Recap: Bulls Stage Comeback, But Caution Lingers

After a choppy week marked by global uncertainty and geopolitical noise, Indian markets ended on a high. The Sensex climbed 1,046 points to 82,408, while the Nifty reclaimed the 25,100 mark, closing 319 points higher at 25,112 on Friday. Despite volatility through the week, both indices managed to log gains, with buying interest returning in large-cap names.

Friday’s session saw a broad-based rebound, as easing crude prices, continued FII inflows, and a softening dollar index gave bulls the upper hand. All sectoral indices closed in the green, with strong moves in telecom, capital goods, and PSU banks.

Key Highlights

• Bharti Airtel and M&M jumped 3% on strong institutional interest
•  Mid and smallcaps participated in the rally, up 1.2% and 0.5%
•  Rupee closed stronger at 86.57, helped by lower oil prices
•  Hero MotoCorp and Bajaj Auto were among the few laggards

The Bottomline:

Markets are finding their feet after a jittery spell, but sentiment remains headline-driven. While the rally is encouraging, traders may stay selective as global cues, oil trends, and macro signals take centre stage next week.”