Markets started the week on a positive note as covid-19 vaccine progress boosted sentiment amid subdued global equities. Gaining nearly 1%, both the benchmark indices ended at fresh record highs on Monday. On the domestic side, progress on the covid vaccine led to the extension of the rally despite weak global cues. Further, increased visibility of fiscal stimulus in the USA with weak dollar may continue to attract FPIs into emerging markets including India. Domestic institutional investors have been consistently dumping shares, selling shares of a record R48,319.17 crore in November.

Source: Mint December 07, 2020 14:15 UTC