Indian markets resumed their rally again last week and made a new high in 2009. The week started with a very strong undertone backed by a positive surprise from the IIP data that showed a jump of 10.4% YoY for August. Despite being a holiday-shortened week

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The Indian stock market took a breather from its two- week rally in the past week to close with a negative undertone amid profit booking at the higher levels. It was a short week, as the market remained closed on Monday. The start of the week was on a positive note

The Indian market maintained a positive sentiment during last week. Last week was important as both the indices (Sensex and Nifty) breached their recent high and made a fresh high of 16435 and 4889 respectively for 2009

The market remained extremely choppy and range bound for the previous week except on the last trading day. Both indices started the week with a weak undertone on negative sentiments across the globe. After showing weakness for a couple of days the market bounced back sharply on Friday