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Key benchmark indices clocked decent gains in a truncated last week as record hitting streak on Wall Street helped the upmove. A surge in index heavyweight Reliance Industries (RIL) and positive global stocks during the week also supported gains on the bourses. The Sensex moved above the psychological 29,000 mark in intraday trade on 23 February 2017. The Sensex gained 424.22 points or 1.49% to settle at 28,892.97. The Nifty 50 index rose 117.80 points or 1.33% to end at 8,939.50. The BSE Mid-Cap index rose 0.81%. The BSE Small-Cap index gained 0.89%Macroeconomic data, trend in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), the movement of rupee against the dollar and crude oil price movement will dictate trend on the bourses in week ahead.

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Indian equity benchmark indices viz. the S&P BSE Sensex and the Nifty 50 index registered small gains last week amid mixed global cues. However, the overall sentiment in the broader market was subdued during the week.The Sensex rose 134.50 points or 0.47% to settle at 28,468.75. The Nifty advanced 28.15 points or 0.32% to settle at 8,821.70. The BSE Mid-Cap index fell 0.33% and the BSE Small-Cap index declined 0.98%. Both these indices underperformed the Sensex.

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