Oil & Gas Smoothens Market Performance

Market Watch

Small-Cap stocks took a hit in PSU, defence and railway sectors, yet investor spirits soared with the resilience of oil and gas and automotive sectors

During the initial week of the fortnight, domestic indices experienced fluctuations, mostly marked by declines, signalling a lack of investor confidence. However, the subsequent week saw consistent gains, attributed to an unbroken rally. Consequently, the benchmarks concluded the fortnight on a positive note, with the BSE Sensex gaining by 0.47 per cent and the Nifty 50 rising by 0.90 per cent over the two-week period.