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The Indian market snapped a six-week losing streak, ending with a percent gain in the volatile truncated week, backed by persistent DII buying powered by ease in US and Indian CPI data, raising hopes of a rate cut by the respective central banks at the upcoming monetary policy meetings. Satisfactory monsoon, extension of China’s tariff deadline, rupee appreciation, falling oil prices, and better earnings also added to the positive sentiments.

The Indian market snapped a six-week losing streak, ending with a percent gain in the volatile truncated week, backed by persistent DII buying powered by ease in US and Indian CPI data, raising hopes of a rate cut by the respective central banks at the upcoming monetary policy meetings. Satisfactory monsoon, extension of China’s tariff deadline, rupee appreciation, falling oil prices, and better earnings also added to the positive sentiments.

For the week, the BSE Sensex index added 739.87 points or 0.92 percent to close at 80,597.66, and Nifty50 rose 268 points or 1.10 percent to end at 24,631.30.

For the week, the BSE Sensex index added 739.87 points or 0.92 percent to close at 80,597.66, and Nifty50 rose 268 points or 1.10 percent to end at 24,631.30.

The BSE Large-cap Index added 1 percent, supported by Apollo Hospitals Enterprises, Hyundai Motor India, Zydus Lifesciences, Cipla, while losers were Waaree Energies, Bajaj Housing Finance, Life Insurance Corporation of India, IDBI Bank, and Berger Paints India.

The BSE Large-cap Index added 1 percent, supported by Apollo Hospitals Enterprises, Hyundai Motor India, Zydus Lifesciences, Cipla, while losers were Waaree Energies, Bajaj Housing Finance, Life Insurance Corporation of India, IDBI Bank, and Berger Paints India.

BSE Mid-cap Index rose nearly 1 percent, led by Alkem Laboratories, One 97 Communications (Paytm), Godrej Industries, Sun TV Network, FSN E-Commerce Ventures (Nykaa), while losers included Coromandel International, Astral, Oil India, Suzlon Energy,and Muthoot Finance.

BSE Mid-cap Index rose nearly 1 percent, led by Alkem Laboratories, One 97 Communications (Paytm), Godrej Industries, Sun TV Network, FSN E-Commerce Ventures (Nykaa), while losers included Coromandel International, Astral, Oil India, Suzlon Energy,and Muthoot Finance.

The BSE Small-cap index ended with a 0.4 percent gain, led by Yatra Online, HBL Engineering, NMDC Steel, JM Financial, Rico Auto, EIH,and VST Tillers Tractors. However, losers included PG Electroplast, NIBE, Camlin Fine Sciences, Best Agrolife, Marksans Pharma, and Action Construction Equipment.

The BSE Small-cap index ended with a 0.4 percent gain, led by Yatra Online, HBL Engineering, NMDC Steel, JM Financial, Rico Auto, EIH,and VST Tillers Tractors. However, losers included PG Electroplast, NIBE, Camlin Fine Sciences, Best Agrolife, Marksans Pharma, and Action Construction Equipment.

On the sectoral front, Nifty Healthcare and Pharma indices rose 3.5 percent each, Nifty Auto index rose 2.7 percent, and Nifty PSU Bank index gained 2 percent. On the other hand, Nifty Consumer Durables and FMCG indices shed 0.5 percent each.

On the sectoral front, Nifty Healthcare and Pharma indices rose 3.5 percent each, Nifty Auto index rose 2.7 percent, and Nifty PSU Bank index gained 2 percent. On the other hand, Nifty Consumer Durables and FMCG indices shed 0.5 percent each.

The Foreign Institutional Investors (FIIs) continued their selling in the 7th week, as they sold equities worth Rs 10,172.64 crore. On the other hand, Domestic Institutional Investors (DII) extended their buying in the 17th week, as they bought equities worth Rs 18,999.76 crore.

The Foreign Institutional Investors (FIIs) continued their selling in the 7th week, as they sold equities worth Rs 10,172.64 crore. On the other hand, Domestic Institutional Investors (DII) extended their buying in the 17th week, as they bought equities worth Rs 18,999.76 crore.

During the week, Reliance Industries added the most in terms of market value, followed by Mahindra and Mahindra, State Bank of India, and Sun Pharmaceutical Industries. On the other hand, ICICI Bank, Bajaj Finance, Adani Ports, and Special Economic Zone lost most of their market cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

During the week, Reliance Industries added the most in terms of market value, followed by Mahindra and Mahindra, State Bank of India, and Sun Pharmaceutical Industries. On the other hand, ICICI Bank, Bajaj Finance, Adani Ports, and Special Economic Zone lost most of their market cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

The Indian rupee snapped a five-week losing streak against the US dollar, rising 10 paise to end at 87.56 per dollar on August 14 against the August 8 closing of 87.66. During the week, the rupee touched a low of 87.72 and a high of 87.39.

The Indian rupee snapped a five-week losing streak against the US dollar, rising 10 paise to end at 87.56 per dollar on August 14 against the August 8 closing of 87.66. During the week, the rupee touched a low of 87.72 and a high of 87.39.

The Indian market snapped a six-week losing streak, ending with a percent gain in the volatile truncated week, backed by persistent DII buying powered by ease in US and Indian CPI data, raising hopes of a rate cut by the respective central banks at the upcoming monetary policy meetings. Satisfactory monsoon, extension of China’s tariff deadline, rupee appreciation, falling oil prices, and better earnings also added to the positive sentiments.

For the week, the BSE Sensex index added 739.87 points or 0.92 percent to close at 80,597.66, and Nifty50 rose 268 points or 1.10 percent to end at 24,631.30.

The BSE Large-cap Index added 1 percent, supported by Apollo Hospitals Enterprises, Hyundai Motor India, Zydus Lifesciences, Cipla, while losers were Waaree Energies, Bajaj Housing Finance, Life Insurance Corporation of India, IDBI Bank, and Berger Paints India.

BSE Mid-cap Index rose nearly 1 percent, led by Alkem Laboratories, One 97 Communications (Paytm), Godrej Industries, Sun TV Network, FSN E-Commerce Ventures (Nykaa), while losers included Coromandel International, Astral, Oil India, Suzlon Energy,and Muthoot Finance.

The BSE Small-cap index ended with a 0.4 percent gain, led by Yatra Online, HBL Engineering, NMDC Steel, JM Financial, Rico Auto, EIH,and VST Tillers Tractors. However, losers included PG Electroplast, NIBE, Camlin Fine Sciences, Best Agrolife, Marksans Pharma, and Action Construction Equipment.

On the sectoral front, Nifty Healthcare and Pharma indices rose 3.5 percent each, Nifty Auto index rose 2.7 percent, and Nifty PSU Bank index gained 2 percent. On the other hand, Nifty Consumer Durables and FMCG indices shed 0.5 percent each.

The Foreign Institutional Investors (FIIs) continued their selling in the 7th week, as they sold equities worth Rs 10,172.64 crore. On the other hand, Domestic Institutional Investors (DII) extended their buying in the 17th week, as they bought equities worth Rs 18,999.76 crore.

During the week, Reliance Industries added the most in terms of market value, followed by Mahindra and Mahindra, State Bank of India, and Sun Pharmaceutical Industries. On the other hand, ICICI Bank, Bajaj Finance, Adani Ports, and Special Economic Zone lost most of their market cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

The Indian rupee snapped a five-week losing streak against the US dollar, rising 10 paise to end at 87.56 per dollar on August 14 against the August 8 closing of 87.66. During the week, the rupee touched a low of 87.72 and a high of 87.39.

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