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Harsh Vardhan

11th Jul · SEBI-Registered Analyst

Weekend Market Wrap: 5 Big Developments Every Investor Should Know

Indian IT stocks rallied strongly after TCS delivered a better-than-feared quarterly performance, easing concerns about a weak earnings season. This has improved sentiment for stocks like

INFY
, HCLTech,
TECHM
, and
WIPRO
FIIs Turn Buyers Again Foreign Institutional Investors turned net buyers this week, purchasing around ₹4,670 crore worth of Indian equities. Sustained FII inflows could support market valuations in the coming weeks. Banking Stocks Lead the Market Strong business updates from major lenders helped banking stocks outperform. HDFC Bank, ICICI Bank, and SBI continue to remain key market drivers. NSE IPO Story Gaining Momentum The National Stock Exchange is reportedly preparing to engage global investors ahead of its long-awaited IPO, a significant development for India's capital markets ecosystem. Markets End Week Strong Sensex surged over 800 points on Friday, supported by IT stocks, banking heavyweights, and improving global cues. Nifty reclaimed the 24,200 zone, signaling resilient market sentiment.

#Post-ClosingCommentary#TechnicalViews#FundamentalViews
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