Market ended lower for the second consecutive week in the volatile session amid rising geopolitical tensions, weak quarterly earnings projections and continued selling by FIIs.
2/9
This week, BSE Sensex fell 307.09 points or 0.37 percent to close at 81,381.36, while the Nifty50 index declined 50.3 points or 0.20 percent to close at 24,964.30.
3/9
BSE Mid-cap Index added 1 percent led by CG Power and Industrial Solutions, Gujarat Fluorochemicals, Page Industries, Glenmark Pharma, Indian Hotels Company, CRISIL, Laurus Labs, Persistent Systems, Nippon Life India Asset Management, Oberoi Realty. However, losers included L&T Finance, Vodafone Idea, Star Health & Allied Insurance Company, Mahindra & Mahindra Financial Services, UNO Minda, SJVN.
4/9
The BSE Small-cap index rose 1 percent with Dhani Services, Usha Martin, Triveni Turbine, Neuland Laboratories, Sasken Technologies, Quick Heal Technologies, Sree Rayalaseema Hi Strength Hyp, Transformers and Rectifiers India, Sat Industries, Sudarshan Chemical Industries, Jaiprakash Associates, Tips Music, Deep Industries rising between 15-28 percent. On the other hand, TruCap Finance, Reliance Power, Lancer Containers Lines, Indo Amines, Paisalo Digital, Refex Industries, Zaggle Prepaid Ocean Services, ITD Cementation India, Faze Three, Butterfly Gandhimathi Appliances, Hindustan Oil Exploration Company, Sequent Scientific fell between 8-17 percent.
The BSE Large-cap Index ended flat. Gainers included Divis Laboratories, Bandhan Bank, ABB India, Mankind Pharma, Siemens, HDFC Asset Management Company, while losers were Shree Cements, Titan Company, Ambuja Cements, Tata Steel, Britannia Industries, SBI Life Insurance Company, Avenue Supermarts, Nestle India, Bank Of Baroda, Indian Oil Corporation, Pidilite Industries.
6/9
Mixed trend saw on the sectoral front, with Nifty Pharma and Auto indices rose 2 percent each, Nifty IT index was up 1 percent and Nifty Realty index gained nearly 1 percent. On the other hand, Nifty FMCG index shed 2 percent, Nifty Metal and PSU Bank fell 1.5 percent each.
7/9
In terms of the market value, Tata Consultancy Services lost the most, followed by Reliance Industries, ITC, Titan Company. On the other hand, Bharti Airtel, HCL Technologies and Kotak Mahindra Bank added 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
During the week, Foreign institutional investors (FIIs) extended their selling as they sold equities worth Rs 27,674.99 crore, however, Domestic Institutional Investors (DII) bought equities worth Rs 31,363.61 crore.
The Indian rupee extended the losses and weakened past 84 mark for the first time on Friday. For the week, it ended 10 paise lower at 84.07 on October 11 against its October 4 closing of 83.97.
