The Indian benchmark indices erased previous week losses on strong Friday closing amid ease in geopolitical tension after US President Trump’s statement about decision of US direct involvement in the Israel-Iran conflict in next two weeks.
2/9
For the week, the BSE Sensex index added 1,289.57 points or 1.58 percent to finish at 82,408.17, and Nifty50 gained 393.8 points or 1.59 percent to end at 25,112.40.
3/9
The BSE Large-cap Index added 1 percent led by Swiggy, Indus Towers, Avenue Supermarts, Mahindra and Mahindra, Trent, Waaree Energies, Bharti Airtel, while losers included Hindustan Zinc, Adani Power, Adani Total Gas, SBI Cards & Payment Services, Berger Paints India, Tata Motors, GAIL India.
4/9
BSE Mid-cap Index was down 0.4 percent dragged by Brainbees Solutions, Gujarat Fluorochemicals, Linde India, Inventurus Knowledge Solutions, Bank Of India, Punjab and Sind Bank, Tata Technologies. However, gainers were Aditya Birla Capital, Endurance Technologies, CRISIL, Godrej Industries, Vishal Mega Mart, Max Financial Services, Indian Hotels Company.
The BSE Small-cap index shed nearly 2 percent with Sadhana Nitrochem, Orient Cement, Dreamfolks Services, AstraZeneca Pharma, Valor Estate, Dishman Carbogen Amcis, Concord Biotech fell between 12-22 percent, while Sterlite Technologies, Axiscades Technologies, Aeroflex Industries, Grauer and Weil (India), NRB Bearings, Electronics Mart India, KRN Heat Exchanger and Refrigeration, Kalyani Steels, Sheela Foam, Subros, Pearl Global Industries gained between 10-27 percent.
6/9
On the sectoral, Nifty Private Bank index rose 1.6 percent, Nifty Auto index added 1.5 percent, Nifty Information Technology index rose 1.3 percent. However, Nifty Media index shed 3 percent and Nifty Pharma index fell 1.7 percent, Nifty Metal and PSU Bank indices shed 1.3 percent each.
7/9
In this week, Bharti Airtel added the most in terms of market value, followed by Reliance Industries, HDFC Bank, Mahindra and Mahindra. On the other hand, Bajaj Finance, Tata Motors, Adani Ports and Special Economic Zone lost the 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 soles beneficiary.)
8/9
The Foreign Institutional Investors (FIIs) snapped four week selling as they bought equities worth Rs 8,709.60 crore in current week. On the other hand, Domestic Institutional Investors (DII) continued their buying in ninth straight week as they bought equities worth Rs 12,635.58 crore.
The Indian rupee continued its losing streak in the fourth consecutive week, as it ended lower by 50 paise at 86.59 per dollar on June 20 against the June 13 closing of 86.09.
