Weekly wrap

Nifty & Sensex Weekly Wrap and Nifty Future Technical Front

Domestic stock markets registered strong gains in the truncated week ended Friday, 17 March 2017, on the back of thumping victory for the Bharatiya Janata Party (BJP) in the Uttar Pradesh assembly elections. The barometer index, the S&P BSE Sensex, surged 702.76 points or 2.42% to settle at 29,648.99. The Nifty 50 index jumped 225.50 points or 2.52% to settle at 9,160.05. The market was closed on Monday, 13 March 2017 for holi. The ruling party at the centre, the BJP, had put up a decent show in remaining three states polls viz. Uttarakhand, Manipur and Goa while it succumbed to Congress ...
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