

Here are the key triggers for stock markets in the coming week: Bulls will keenly eye Nifty at the psychological 20,000-mark this week after domestic benchmarks last settled on a six-week high.

Going forward, a buzzing week awaits the primary market with six new public issues to be rolled out for bidding, along with five listings across mainboard and small-and-medium enterprises (SME) segments. Analysts see that the overall bullish sentiment is strong, with hopes of the Nifty reaching the 20,000 mark this week. The indexes have risen 3.4 per cent and 4.5 per cent, so far this week, driven by a rally in power stocks on a sudden surge in power demand in the country. The BSE Smallcap index also hit its fresh record high of 38,369.21 during the session but ended at 38,266.53, up 0.43 per cent.Įnergy companies and public sector enterprises were top gainers, rising 1.4 per cent and 2.6 per cent, respectively.

The BSE Midcap index closed with a strong gain of 0.92 per cent at 32,672 after hitting its fresh record high of 32,692.74 during the session. In the last six sessions of gains, Sensex has risen 2.73 per cent while Nifty has risen 2.94 per cent. Sensex closed 333 points, or 0.50 per cent, higher at 66,598.91 while the Nifty closed the day at 19,819.95, up 93 points, or 0.47 per cent.
