The old economy party continued at the bourses with both the benchmark indices clocking handsome gains.
Heavyweights such as Reliance Industries, SBI, HLL and ITC provided the thrust during the week, as investors chose to stick with the momentum in old economy counters.
Bullish trends in US markets had domestic technology scrips looking up mid-week, though the rally failed to sustain. Banking and PSU oil scrips were also in focus during the period.
While impressive performances from oil companies, including BPCL, contributed to the upsides in petro counters, banking scrips rose on reports
