Nifty has closed the week higher for 4th consecutive week by 133 points at 6018 and this is first time after 11 Jan 2008 that Nifty has closed the week above 6000. Longest stretch of weekly up closings this year was Feb’10 through Apr’10 where 9 consecutive weeks Nifty inched up when it rose 15% but current rally is very sharp as in these 4 weeks only nearly 13%
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