Optimism Sways The Market Mood

All sectoral indices, with the exception of BSE Power, managed to report gains over the last fortnight, reflecting optimism on the sectoral front as well.

All sectoral indices, with the exception of BSE Power, managed to report gains over the last fortnight, reflecting optimism on the sectoral front as well.

With optimism brought on by the quarter earnings’ season, the Indian benchmark indices continued to climb and set new all-time highs in back-to-back trading sessions. As a result, the BSE Sensex and Nifty 50 have surged 2.15 and 2.14 per cent, respectively, in the last two weeks. The rally was supported by broader indices as well, with the BSE Small-Cap index significantly outperforming the main indices with gains of more than 3 per cent while the BSE Mid-Cap index gained by 1.89 per cent. All sectoral indices, with the exception of BSE Power, managed to report gains over the last fortnight, reflecting optimism on the sectoral front as well.