The Indian rupee ended marginally lower against the US dollar as domestic currency finished at 85.63 per dollar on June 6 against the May 30 closing of 85.58.
The Indian benchmark indices posted 1 percent gain in the week ended June 6 to break two-week losing streak amid double booster from Reserve Bank of India (RBI) with 50 bps cut in repo rate and 100 bps cut in CRR.
2/9
For the week, the BSE Sensex index added 737.98 points or 0.9 percent to finish at 82,188.99, and Nifty50 jumped 252.35 points or 1.01 percent to end at 25,003.05.
3/9
The BSE Large-cap Index added 1 percent supported by Swiggy, DLF, Eternal, Hindustan Zinc, SRF, SBI Cards & Payment Services, Shriram Finance, JSW Energy, ICICI Lombard General Insurance Company.
4/9
BSE Mid-cap Index rose 2 percent led by Brainbees Solutions, Prestige Estates Projects, Godrej Industries, LT Finance, Muthoot Finance, while losers included Aditya Birla Fashion & Retail, Suzlon Energy, Sona BLW Precision Forgings, Alkem Laboratories, Ola Electric Mobility, Deepak Nitrite.
The BSE Small-cap index jumped 2 percent with Quick Heal Technologies, Bharat Wire Ropes, AstraZeneca Pharma, Cochin Shipyard, Permanent Magnets, Astec Lifesciences, Shilchar Technologies rising 20-28 percent. On the other hand, MMTC, Shaily Engineering Plastics, PRAVEG, Avanti Feeds, Sun Pharma Advanced Research Company, Sundaram-Clayton, Niva Bupa Health Insurance Company fell between 10-14 percent.
6/9
Among sectors, Nifty Realty index surged 9.5 percent, Nifty Metal index up 2.3 percent, Nifty PSU Bank index rose nearly 2 percent and Nifty Auto index jumped 1.4 percent.
7/9
In this week, Reliance Industries added the most in terms of market value, followed by HDFC Bank, Eternal, Mahindra and Mahindra. On the other hand, Tata Consultancy Services, Tata Steel, Bajaj Finserv 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) remained net sellers in the third consecutive week as they sold equities worth Rs 3,565.88 crore. On the other hand, Domestic Institutional Investors (DII) continued their buying in the seventh consecutive week as they bought equities worth Rs 25,513.43 crore.
The Indian rupee ended marginally lower against the US dollar as domestic currency finished at 85.63 per dollar on June 6 against the May 30 closing of 85.58.
