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.

Over the past two years, digital payment transactions have registered tremendous growth in India. New payment modes like Bharat Interface for Money-Unified Payments Interface i.e. BHIM-UPI, Aadhaar enabled Payment System and National Electronic Toll Collection, have transformed digital payment ecosystem by increasing person to person as well as person to merchant payments. At the same time, existing payment modes such as debit cards, credit cards, IMPS and pre-paid Instruments have registered substantial growth.

Indian benchmark indices ended the week higher on the back of sharp rupee appreciation and fall in global crude prices in the last session of trading.

More than 664 kilometres of Metro Rail Projects in 15 cities presently are under implementation, while more than 515 kilometres of Metro Line is operational in the entire country.