Go Ad-Free
My Alerts
Moneycontrol
Moneycontrol PRO
Get App Open
In App Credit Cards
Go PRO Now
Open App
HomeNewsbusinessmarkets

Market remains flat for the second week; rupee falls, FII selling continue

Among sectors, BSE Realty index added 2 percent, BSE Information Technology index rose 1.8 percent, BSE Capital Goods index gained 1 percent, while BSE Power Index shed 2.5 percent, BSE Metal index fell 2.3 percent and BSE Telecom index fell 2 percent.

Rakesh Patil | October 08, 2023 / 21:45 IST
1/9
In the highly volatile week, the Indian benchmark indices ended on a flat note. The market remained under pressure in the first half of the week amid rising US bond yields, stronger dollar, mixed auto sales data however, better domestic PMI data, inline RBI policy outcome and falling crude oil prices provided some relief to the market.
The Indian benchmark indices ended on a flat note, concluding a highly volatile week. The market remained under pressure in the first half of the week amid rising US bond yields, stronger dollar, mixed auto sales data however, better domestic PMI data, inline RBI policy outcome and falling crude oil prices provided some relief to the market.
2/9
In this week, BSE Sensex was up 0.25 percent or 167.22 points to finish at 65,995.63, while Nifty50 added 15.2 points to ends at 19,653.50.
In this week, BSE Sensex was up 0.25 percent or 167.22 points to finish at 65,995.63, while Nifty50 added 15.2 points to end at 19,653.50.
3/9
The BSE Small-cap index gained 0.8 percent with Vascon Engineers, Sasken Technologies, Bhagiradh Chemicals and Industries, Authum Investment & Infrastucture, Raghav Productivity Enhancers and Good Luck India rising 20 percent each. On the other hand, Mahanagar Telephone Nigam, DCM Shriram Industries, Aarti Pharmalabs, Steel Exchange India, GE T&D India, Sat Industries, Indiabulls Housing Finance and Kalyani Steels.
The BSE Small-cap index gained 0.8 percent with Vascon Engineers, Sasken Technologies, Bhagiradh Chemicals and Industries, Authum Investment & Infrastucture, Raghav Productivity Enhancers and Good Luck India rising 20 percent each. On the other hand, Mahanagar Telephone Nigam, DCM Shriram Industries, Aarti Pharmalabs, Steel Exchange India, GE T&D India, Sat Industries, Indiabulls Housing Finance and Kalyani Steels fell 7-9 percent.
4/9
BSE Mid-cap Index shed 0.8 percent dragged by Dalmia Bharat, Glenmark Pharma, Gujarat Fluorochemicals, Vodafone Idea, Steel Authority of India, CG Power and Industrial Solutions and Supreme Industries. Gainers included Godrej Industries, Godrej Properties, Solar Industries India, Indian Railway Catering & Tourism Corp, MphasiS and The Ramco Cements.
BSE Mid-cap Index shed 0.8 percent dragged by Dalmia Bharat, Glenmark Pharma, Gujarat Fluorochemicals, Vodafone Idea, Steel Authority of India, CG Power and Industrial Solutions and Supreme Industries. Gainers included Godrej Industries, Godrej Properties, Solar Industries India, Indian Railway Catering & Tourism Corp, MphasiS and The Ramco Cements.
5/9
The BSE Large-cap Index ended flat with gainers including One 97 Communications (Paytm), Interglobe Aviation, Bajaj Finserv, Titan Company, Bajaj Finance and Avenue Supermarts, while losers were Indus Towers, Oil and Natural Gas Corporation, Punjab National Bank, Marico, Hindalco Industries and NTPC.
The BSE Large-cap Index ended flat with gainers including One 97 Communications (Paytm), Interglobe Aviation, Bajaj Finserv, Titan Company, Bajaj Finance and Avenue Supermarts, while losers were Indus Towers, Oil and Natural Gas Corporation, Punjab National Bank, Marico, Hindalco Industries and NTPC.
6/9
Among sectors, BSE Realty index added 2 percent, BSE Information Technology index rose 1.8 percent, BSE Capital Goods index gained 1 percent, while BSE Power Index shed 2.5 percent, BSE Metal index fell 2.3 percent and BSE Telecom index fell 2 percent.
Among sectors, BSE Realty index added 2 percent, BSE Information Technology index rose 1.8 percent, BSE Capital Goods index gained 1 percent, while BSE Power Index shed 2.5 percent, BSE Metal index fell 2.3 percent and BSE Telecom index fell 2 percent.
7/9
Agressive selling from Foreign institutional investors (FIIs) continued in this week also as they offloaded equities worth Rs 8,412.65 crore, while domestic institutional investors (DIIs) purchased equities worth Rs 4,435.17 crore in this week.
Aggressive selling from Foreign institutional investors (FIIs) continued this week also as they offloaded equities worth Rs 8,412.65 crore, while domestic institutional investors (DIIs) purchased equities worth Rs 4,435.17 crore.
8/9
In terms of the market value, Reliance Industries lost the most in terms of market value, followed by Axis Bank, NTPC and Maruti Suzuki India. On the other hand, Tata Consultancy Services, Bajaj Finance and Infosys added the most of their market-cap.
In terms of market value, Reliance Industries lost the most in terms of market value, followed by Axis Bank, NTPC and Maruti Suzuki India. On the other hand, Tata Consultancy Services, Bajaj Finance and Infosys added the most of their market-cap.
9/9
Indian rupee lost further ground in this week as the domestic currency ended 20 paise lower at 83.24 on October 6 against its September 29 closing of 83.04.
Indian rupee lost further ground this week as the domestic currency ended 20 paise lower at 83.24 on October 6 against its September 29 closing of 83.04.

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347