Nifty Outlook
Benchmark consolidates, midcaps continues their dream run
Our markets underwent some correction on August 14, 2020, and, in the process, tested a key support of 11,100. Fortunately, this corrective move did not extend further as we kickstarted the week higher on Monday on the back of a cheerful mood across the globe. This was followed by a strong trading session where we witnessed some robust moves in index heavyweights as well as the broader market. During the remaining part of the week, the index was just trapped in a range and had extremely lethargic moves to register its highest weekly close