INSUBCONTINENT EXCLUSIVE:
vote to delay a decision on Boris Johnson's new Brexit deal next week.Besides, the way ahead will depend on the portfolio investments,
which have been strong during the last 5 sessions.On Thursday, the Sensex crossed the 39k mark with a 453 point gain after news of a Brexit
deal between the UK and the EU
Tata Motors jumped 9.82 per cent on the BSE."The Indian markets had rallied late last week on hopes of an early Brexit resolution
The latest development can reverse that optimism to some extent
However, doubts prevail about how smoothly the whole process will get completed," said Deepak Jasani of HDFC Securities."The negative impact
of this development could be limited
But companies that were supposed to benefit the most from an early Brexit resolution and which had rallied sharply on Friday may see a
larger negative impact," Jasani added.Besides, the investors will await corporate results from Kotak Mahindra Bank, Bajaj Auto, HCL
Technologies, Hero MotoCorp, Larsen - Toubro, ITC, Maruti Suzuki and State Bank of India.Buying was seen in all the sessions of this week
Nifty index ended with gains on all the five trading sessions of the week.The market breadth was positive in two out of the five trading
The top sectoral gainers for the week were the auto, PSU, realty, metal and oil - gas indices and there were no losers.The stock markets
will remain closed on Monday on account of polling for the Maharashtra Assembly election .Follow TheIndianSubcontinent for latest election
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