Weekly recap: Markets close the week higher; Bank Nifty ends up by 3%

Let us take a glimpse into what happened in markets over this week.

Jul 26, 2020 09:07 IST India Infoline News Service

Indian markets settled higher at the end of another range bound week. The Nifty ended with a weekly gain of 2.72%, whereas Bank Nifty has ended 3.22% higher.​

According to a survey by EY, India may recover at a significant rate post COVID-19 on the back of strong consumer demand from non-metro cites.

Indian economy is poised to witness a strong rebound in post COVID situation as Foreign Direct Investments have been strong in the first seven months of the current year clocking to $17bn till mid of July.

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