The Indian benchmark indices opened the week with a gap-up. But thereafter, the Sensex, Nifty 50 and the Nifty Bank index remained stable and range bound all through the week. The Nifty Bank index was up just one per cent. Nifty 50 and Sensex on the other hand closed the week higher by 0.96 per cent and 0.84 per cent respectively.
Among the sectors, the BSE Auto index outperformed by rising over 2 per cent last week. The BSE Metals index, down 1.43 per cent, fell the most.
The global markets have entered the year-end holiday season. So, the chances are high for the Indian market to remain stable for another week or two.
