Nifty gained 0.6% for the week, briefly approaching its record high of 26,277 before ending Friday lower at 26,068.15. Analysts expect the index to be guided largely by global cues in the coming week, with no major domestic data releases. Sensitivity to global markets, currency movements and FII flows is expected to remain high as investors look for a breakout above record levels.Nifty gained 0.6% for the week, briefly approaching its record high of 26,277 before ending Friday lower at 26,068.15. Analysts expect the index to be guided largely by global cues in the coming week, with no major domestic data releases. Sensitivity to global markets, currency movements and FII flows is expected to remain high as investors look for a breakout above record levels
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen