Despite the volatile moves during the past four sessions in the short week, it was the second week in a row that ended on a very flat note. The trading range remained slightly wider as compared to the previous week. Against the 274.55 points range in the week before this one, the index oscillated in the 342.15 points. The highlight of the week was the surging US 10-YR yields that put pressure on global equities and India was resilient, but no different. The markets went on to test key support levels on the weekly charts and experienced a technical rebound from there. Finally, the headline index closed with a net gain of 15.20 points (+0.08%) on a weekly basis.
