Indian market extended the gains in the second consecutive week ended March 28 amid volatility due to mixed cues from global markets amid concern over upcoming US tariffs. However, persistent buying from domestic as well as foreign investors, and appreciation in rupee against the dollar, helped the market to close in positive territory.
2/9
For the week, the BSE Sensex index added 509.41 points or 0.66 percent to end at 77,414.92, and Nifty50 rose 168.95 points or 0.72 percent to close at 23,519.35.
3/9
The BSE Large-cap Index rose 0.6 percent led by Bajaj Finserv, Hindustan Aeronautics, Grasim Industries, Bank Of Baroda, Shree Cements, while losers included Zomato, Indian Overseas Bank, Swiggy, Cipla, IndusInd Bank.
4/9
BSE Mid-cap Index shed 0. 7 percent dragged by UNO Minda, Sona BLW Precision Forgings, Schaeffler India, Zee Entertainment Enterprises, Jindal Stainless, Relaxo Footwears, Castrol India, New India Assurance Company, Max Healthcare Institute, Dixon Technologies, Godrej Industries. On the other hand, gainers included Bharti Hexacom, Ipca Laboratories, Jubilant Foodworks, Solar Industries India, The Ramco Cements, Coforge, Inventurus Knowledge Solutions, Thermax, One 97 Communications (Paytm), Persistent Systems, Emcure Pharmaceuticals, Dalmia Bharat.
The BSE Small-cap index declined 1.4 percent with Gensol Engineering, Vakrangee, IKIO Lighting, Sadhana Nitrochem, Welspun Specialty Solutions, Muthoot Microfin, TVS Supply Chain Solutions, Sterling Tools, HMA Agro Industries fell between 14-22 percent. On the other hand, Sangam (India), Power Mech Projects, Magellanic Cloud, Jindal Worldwide, SG Finserve, NIBE, BEML rose between 15-26 percent.
6/9
On the sectoral front, Nifty Media shed 4.6 percent, Nifty Pharma and Auto declined more than 2 each and Nifty Realty and Metal indices shed 1 percent each. On the other hand, Nifty PSU Bank index added over 2 percent, Nifty FMCG index rose 1 percent.
7/9
In this week, HDFC Bank added the most of its market value, followed by Bajaj Finserv, Kotak Mahindra Bank, State Bank of India. On the other hand, Zomato, Mahindra and Mahindra, Sun Pharmaceutical Industries lost the most of their market-cap.
8/9
Foreign Institutional Investors (FIIs) continued their buying in this week also as they bought equities worth Rs 17,426.31 crore, while Domestic Institutional Investors (DII) also bought equities worth Rs 6,797.49 crore.
