Markets end in green for 2nd straight week, Sensex up 277 points
Before the end of the week at 30 464.92, a gain of 276.77 points or 0.92 percent. He earned 606.12 points or 2.03% in two weeks.
NPE 50 NSE also increased 27 points or 0.29 percent to close the week at 9,427.90 after reaching a high of 9,562.60. The Nifty also gained 142.60 points or 1.54 percent two weeks. Mr. Anupam Singhi, COO William O’Neil India, said: “Continuing strong earnings last week, markets have started the week with a bang.” However, with the news of a crisis in the White House that flows, the markets had a brake and correct on Thursday, and some gains of the rally have been updated.
The Nifty and Sensex trade 1.1 pct and 0.81 pct in their all-time records, respectively. Both indices operate comfortably above their 50-day moving averages. Broader stock indexes raised their all-time highs this week, fueled by macroeconomic data, government policies and positive gains. Several shares of our portfolio reported earnings surprises. Due to macro-positive data, the rupiah reached a new high of 21 months, compared to the US dollar.
Meanwhile, foreign portfolio investors (IPFs) and foreign institutional investors (FII) bought shares worth $ 1 962.92 million rupees during the week, according to Sebi’s record, including the provisional number May 19 In the overall market, the small-cap BSE index fell by 301.76 points or 1.94 percent to stand at 15 227.07 and the BSE index in the mid-capital also dropped by 210.45 points or 1 , 42% at 14,664, subject to Sensex yield. Among sectoral and industrial indices Fmcg increased by 1.62%, followed by Metal 1.31%, 0.94% of U Information from the United States. Teck by 0.76% and 0.55% in the bank.
However, consumption of durable goods fell 3.28 percent, from 1.67% for capital goods, capital goods 1.48%, 1.22% IPO, the real 1.13%, the Power of 1.05%, production unit 0.67% and 0.45% auto. Among the Sensex 30-share package, 15 stocks rose and the other 15 stocks fell during the week. Tata Steel rose 12.05 percent on the biggest winner of the Sensex package followed by TCS 6.09 percent, 4.84 percent Lupine, 4.24 percent, 3.70 percent SBIN, ICICI Bank 3, 52 percent, Tata Motors 2.92 percent, 2.2 to 2.2 PUC percent, Dr. Reddy 2.76 percent, 2.47 percent Wipro Bharti Airtel 2.10 percent and 0.89 percent Maruti.
While ONGC fell 2.57%, Reliance 2.39%, M & M 2.39%, 2.37% GAIL, HDFC 2.64%, Adaniports 1.54%, 0.89% Larsen, Bajaj Auto 0.73%, 0 , 56% Cipla. The total turnover of the week on BSE and NSE increased to Rs 23,712.19 and Rs 1,30,929.07 crore, respectively, compared to Rs 18,690.45 crore and Rs 1,20,528.88.