Equity benchmarks witnessed profit booking during the previous week ahead of state election verdict, as it closed lower by almost 1.5 percent during the previous week on the back of weak global cues. Broader markets also witnessed selling pressure as the Nifty Midcap and small-cap indices closed lower by 2.6 percent and 2.7 percent respectively.

Monetary policy meet of Reserve Bank of India and G-20 Summit outcome will drive the market sentiment in the coming week. According to experts, the last three week's consolidation due to strong global clues has made the market healthy and has formed a base for the extension of the up move towards our embarked target of 11100 points.

If you get any volatile alert, do not panic. Do not indulge in distress selling during this period. Volatility is not just negative for your investments as you think.

Equity benchmarks in Indian share market snapped three weeks winning streak and closed lower by more than 1% during the previous week amid weak global cues.

As the Nifty Midcap index has been consolidating for the last 14 sessions, it is being believed  that the ongoing second phase of consolidation would make the market healthy and form base for the next leg of up move towards 11100 points levels in the coming weeks.

Export of raw sugar from India to China will begin early next year. A contract for exporting 15,000 tonnes of raw sugar has been entered to by the Indian Sugar Mills Association and COFCO, a government of China run public sector company.