Week Ahead: Q4 Results, F&O expiry, Lok Sabha elections, global cues among key market triggers this week

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recorded their biggest two-week winning streak in the last five months amid the election rally gripping the pulse on D-Street. Nifty 50 and Sensex reclaimed their record highs and gained around two per cent this week logging their best week in three months.

Analysts say that the positive tone was evident from the start, influenced by global markets, but it was the strong buying in select heavyweights on Thursday significantly boosted sentiment. As a result, the Nifty 50 reached a new milestone of 23,000, and the Sensex closed near the week's high at 75,410.3.

All major sectors contributed to this movement, with metal, energy, and auto leading the way. The broader indices showed mixed performance, with midcaps gaining about one per cent while smallcaps ended in the red.

The sentiment improved significantly following the Reserve Bank of India's announcement of a ₹2.11 lakh crore record dividend payout to the government for FY24, which surpassed expectations.Also Read: Poll fever grips D-Street: Nifty 50, Sensex post biggest 2-week gain in 5 months; Will the bull run sustain post-June 4?‘’Markets are continuously making steady gains, with Nifty achieving a historic mark of 23,000 zones just after a few days of BSE-listed companies' market cap crossing $5 trillion. Further, India saw a record rise in exports and employment at an 18-year high in May…Overall we expect the market to witness a gradual up-move and see some volatility next week as both election and earning season are nearing the end,'' said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.In the coming week, the buzz in primary markets may remain subdued a few new initial public offerings (IPO) and listings are slated across the