Mumbai, 27th July 2020: The upward momentum at the Indian markets continued for the sixth consecutive week as encouraging Q1 earnings from index heavy-weights countered the impact of the surge in domestic COVID-19 cases. Hopes of an early coronavirus vaccine also lifted risk appetite. European Union (EU) leaders agreed on a €750 billion package aimed at funding post-pandemic relief efforts in the region added to the sentiments. The upbeat mood in the market is expected to continue during the next week.