Liked this AI Summary? Join our AI Workshop The market continued to close higher for the second consecutive week ended August 7, despite consolidation and range-bound trading, supported by declining oil prices, which strengthened the macroeconomic outlook and eased inflationary pressures. Further, softer US labour market indicators reduced the likelihood of a near-term Fed rate hike. Meanwhile, after initial volatility triggered by the rollout of the Closing Auction Session (CAS), market participants gradually adapted to the revised framework. Alongside this, the RBI reinforced confidence by maintaining its policy stance, while the ongoing Q1FY27 earnings season further strengthened investor confidence, with…
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