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“In terms of investment themes, the first theme to emerge has to do with India’s demographics which are around consumers. Second is essentially around digitalisation. The third one is decarbonisation which revolves around how to move towards carbon neutral and create alternative sources of fuels and that kind of stuff, says Envision Cap MD & CEO”

"The key question for gold in times of geopolitical crises is always whether economic and financial market risks are on the rise or whether they are receding. For the moment, the gold market is reflecting the latter even though it is constantly assessing the situation, which remains highly in flux and highly uncertain," said Carsten Menke, Head Next Generation Research, Julius Baer.

“Coming to growth in affordable as well as the high-end market, from 2017 till 2020, it was the middle income housing, the tier II, tier III towns which were driving the growth. Today the growth is coming not just from the tier II, tier III cities but equally so from the metros.”

The 30-share pack Sensex rose 1,047 points or 1.84 per cent to end the truncated week at a one-week high of 57,864. Its broader peer NSE Nifty50 also jumped 312 points or 1.84 per cent to close at 17,287. Domestic stock markets will remain shut on Friday on account of Holi.

The rupee registered the best weekly gain after December 24, amid weakness in the dollar index, rebound in risk-sentiments, stable crude oil price and inflows from foreign funds, said Dilip Parmar, Research Analyst, HDFC Securities.

“While conventionally smallcaps gets crushed in a rising interest rate cycle, what will get crushed in the Indian market and what will underperform the markets will be the largecaps and the new age listings, not the smallcap stocks. Both the largecaps and new age listed stocks are highly overpriced, unlike the smallcaps.”

Over the next two years, the median projection has been pegged at 2.8%, though this looks a little stretched given the expected slowdown in global growth.

"A long bull candle was formed on the daily chart, with a gap up opening, for the second consecutive session. The opening upside gaps of the last two sessions remain unfilled. Technically, this indicates a sharp trended upmove in Nifty50 and one may possibly expect another opening gap up by next week," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.

“The Russia Ukraine war has led to higher input costs. Also if the summer season is better than what we all planned for, then we may exhaust our stock by May itself and therefore we have decided that we will review the prices by the middle of April once again.”

The Nifty Pharma index closed 1.28 per cent up at 13546.05.