The markets continued to trade on expected lines. The trading week was short as Friday was a trading holiday on account of Mahashivratri. In the four trading sessions, the markets stayed choppy and failed to make any definite and convincing moves while they continued to modestly advance on a weekly basis. The trading range also stayed narrow; the Index oscillated in a defined 301.30-point trading range while staying devoid of directional bias on most occasions. The volatility also dipped; the India VIX declined by 10.65% to 13.61. By and large, while not showing any meaningful upsides, the headline index closed with a net weekly gain of 154.80 points (+0.69%).
