Stock Markets on Monday – Expect some fireworks if markets reopen with gap on higher …

The stock markets ended the week almost flat on Friday, albeit in the red snapping a three-day winning streak.

On the weekly closing basis, the 50-share Nifty50 index gained over 1.8 per cent over the five trading sessions to end above 17,511.

The top gainers on Nifty50 on Friday were Asian Paints, Grasi Industries, SBI Life Insurance Company, State Bank of India .

Zee Business’ Kushal Gupta encapsulated the week for Zee Business viewers.

Auto and FMCG sectors were also among the gainers and registered a 2 per cent growth.

Analyst Sandeep Jain said that the week gone by, was good overall with markets performing very well on certain trading sessions.

Buying will come back if the markets open with a gap on Monday on a higher side, Jain said.

…Read the full story