Market gains for 8th straight week, longest streak in 7 years

By Priyanka Deshpande CNBC-TV18.com Published July 26, 2024

[{"selector":"#anim-f5593280-64e9-41f3-958c-3f96a8a4bb04","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-00ef313f-2837-41f9-8937-a315491e289e","keyframes":{"transform":["translate3d(-113.53846%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Indian stock market gained for 8 consecutive weeks. This is the longest streak in 7 years.

[{"selector":"#anim-580ac134-fae5-420b-8b92-888d388acbf1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1434e6d0-940b-459c-b9b5-23060d5e71ee","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Friday’s surge helped Sensex and Nifty post weekly gains

[{"selector":"#anim-4833fe75-7406-44d5-b233-42d369e1a290","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ff9545b9-b173-4b76-acdb-d8dbc1289b4f","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex and Nifty gain 1% each, Midcap Index rises 3% this week

[{"selector":"#anim-7ed1a4e6-676b-4328-b96b-2c05d8fc69d0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1a161d7-d39b-4785-9618-0ada11c40959","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Financials remain a drag on market, Nifty Bank slips 2% this week

[{"selector":"#anim-d4256f96-5392-430a-b28e-6f58bf6e88a0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4a4a2ff0-86f9-4cf3-a2f7-0ba32a091e9e","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] All indices except financials & realty end higher, pharma top gaining index

[{"selector":"#anim-e4d37f17-596a-4f9a-a629-5dfc5841e133","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aab54789-c40c-4c26-8cfd-6dbc7a71b824","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 38 Nifty stocks give positive returns, Tata Motors, HDFC Life, Sun Pharma top gainers

[{"selector":"#anim-4c087b03-cc33-40c6-8d2e-52d087fa693f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eeb7b2c3-2f97-48b6-9bbc-136fec5d8828","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Axis Bank, Wipro, Nestle India & Bajaj Finserv top Nifty losers

[{"selector":"#anim-841bfdde-a8b4-4894-b213-752fd30e4557","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b4853f0-b4f1-46eb-a9b9-61b2046844fc","keyframes":{"transform":["translate3d(-113.38461%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Majority of midcap stocks post gains, ICICI Prudential, Granules, HPCL, IDBI top gainers

Thanks For Reading! Gold prices below ₹70,000 per 10 grams, silver near ₹84,000 per kg: Should you consider buying now Read More