The markets continued their unabated upmove; following a strongly trending week, the Nifty not only ended at a fresh life-time high point, but it also closed with gains for the sixth consecutive week. The markets piled up decent returns despite some sings of consolidation in the second half of the week. The last two days were choppy for the markets. However, on a weekly note, volatility, as represented by INDIA VIX remained unchanged. India Vix ended just 0.71% higher to 12.47 on a weekly basis. The trading range stayed expanded; the index oscillated in the 498.35 point range through the past five sessions. The benchmark index Nifty50 closed with a strong gain of 701.50 points (+3.46%) on a weekly basis.
