- The document discusses the performance of global and Indian equity markets and economic indicators over the past week. - Globally, equity markets rallied with the US, Japan, and Europe reaching new highs. In India, the Sensex and Nifty gained around 1.5% each. - US and Japanese GDP growth was higher than expected. Indian GDP growth for the last quarter is estimated to be around 5%. - Inflation data from India and other regions was lower than expected, which may lead to interest rate cuts. - Most Indian companies reported quarterly earnings in line with or exceeding expectations, with private banks and pharma performing well.