After taking a brief breather last week, the Indian equities extended their up move this time. After trading buoyant and with limited downsides all through the last five sessions, the headline index ended on a decently positive note. The Nifty oscillated in a 329.70 points range and while it ended towards its high point, the volatility gauge INDIAVIX once again declined towards its lower levels seen in the recent past. The uncertainty around the US Debt Ceiling remained as the US markets awaited some deal but stayed largely buoyant. Amid strong setup, the benchmark index closed near its crucial levels while posting a decent weekly gain of 295.95 points (+1.63%).
