After opening 33 points higher at 13,127, on Friday, the BSE Sensex slipped into red to a low of 13,028.

Afterward, the stock index bounced back into the positive terrain and moved higher due to continued buying activity seen in realty and capital goods stocks.

Finally, the Sensex closed the week after making a gain of 359.89 points at 13,454.00 while the broad-based NSE Nifty ended the week at 4,016.00, up 90.25 points.

For the week ended June 21, inflation rate climbed up to 11.63 percent, as against 11.42% during the last week.

Stock market analyst Vishwas Agarwal said, “Political crisis seems to be over and nuke deal hurdle will be cleared, the same will boost market sentiments, hopefully FIIs selling will also take halt after this development.”

“If everything goes smooth as per the expectations then, up to certain extent July will be buck making month as this is the month of corporate quarter result announcements,” Mr. Agarwal added.

If BSE sustains above 13,786 then it may easily cross 14,350 /14,355 /14,786 level during the coming week.

He also advised investors that trading in banking, infrastructure and real estate stocks may provide good returns.