New Delhi, May 5 -- Markets continued their upward trend for the third consecutive week, recording gains of more than one percent, driven by sustained foreign investment and robust corporate earnings.

After an initial surge, the benchmark indices traded within a narrow range throughout the week but managed to end with gains. Ultimately, the Nifty closed at 24,346.70, and the Sensex wrapped up at 80,501.99.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market bias is bullish as the Nifty 50 index closed above 24,300.

Speaking on the outlook of Indian stock market, Bagadia said, "The 50- stock index has made crucial support at 23,800 and it is poised to touch 24,800. On breaking above this hurdle, t...