Last week, the Nifty and Sensex bounced back on positive global cues

Positive cues from other Asian markets and an upbeat US market on the back of buoyant US data and hopes of tax reform, triggered the rally in the domestic market. The RBI left the policy rate unchanged, as was broadly expected. Higher September auto sales numbers on the back of festival season and recovery in the rupee also fuelled the market’s rally. Bringing significant relief to small and mediu...