The market erased previous week's losses and hit a five-month high amid volatility on mixed global markets due to cautiousness over the ongoing US debt ceiling discussions, however, it received support from institutional shareholders, better earnings and expectation of a normal monsoon.
2/9
The BSE Sensex surged 772.01 points or 1.25 percent to end the week at 62,501.69, and Nifty50 added 295.9 points or 1.62 percent to close at 18,499.30.
3/9
The BSE Mid-cap Index added 2.5 percent, led by Balkrishna Industries, CG Power and Industrial Solutions, Bajaj Holdings & Investment, Adani Power, Laurus Labs, Container Corporation of India and Muthoot Finance. On the other hand, Gland Pharma and Page Industries lost 13 percent and 10 percent, respectively.
4/9
The BSE Large-cap Index gained nearly 2 percent with Adani Enterprises, Divi's Laboratories, Adani Wilmar and Adani Total Gas rising 10-30 percent.
5/9
The BSE Small-cap index rose 1.4 percent supported by Optiemus Infracom, Nucleus Software Exports, Schneider Electric Infrastructure, Indiabulls Real Estate, Hindware Home Innovation, Dixon Technologies, Onward Technologies and Shreyas Shipping. However, losers were GE T&D India, Lincoln Pharmaceuticals, Orient Bell, Ashapura Minechem, Arihant Superstructures, Polyplex Corporation, JK Lakshmi Cement, Dishman Carbogen Amcis and GRM Overseas.
6/9
The Foreign institutional investors (FIIs) bought equities worth Rs 3,230.49 crore, while domestic institutional investors (DIIs) bought equities worth Rs 3,482.21 crore in the week gone by. However, in the month till now, FIIs purchased equities worth Rs 20,606.80 crore and DIIs sold equities worth Rs 1,192.47 crore.
7/9
All the sectoral indices ended in the green. The Nifty Metal index added 5.6 percent, Pharma index rose 4 percent, Nifty Media index gained 3.8 percent, Nifty Healthcare index rose 3.8 percent and Nifty Information Technology index added 3.7 percent.
8/9
Among BSE Sensex, Reliance Industries added the most in terms of market cap followed by Tata Consultancy Services, ITC and Infosys. On the other hand, HDFC Bank, Housing Development Finance Corporation and ICICI Bank lost the most of their market cap.
9/9
During this week, the rupee ended 9 paise higher at 82.57 to a dollar on May 26 against its May 19 closing of 82.66.
