The week that went by saw the markets once again marking a new lifetime high; in fact, the benchmark indices went on to close at a fresh high. The past five sessions largely saw the markets trending higher; and despite some consolidation on the last trading session of the week, the Nifty has closed at a fresh weekly closing high. The trading range too got wider; the index oscillated in a 680.20-point trading range. Volatility too plummeted significantly; the India VIX came off 17.53% to 12.55. While setting a distinctly contrast undertone as compared to the week before, the headline index posted weekly gains of 504.35 points (+2.03%).
