Last week, Nifty Fifty closed with positive notes and gained around 0.63%. During this week, Nifty Fifty has registered a gain of 1.03% over previous Friday’s close. Equity market traded with negative note on Monday due to weakness in global markets amid disappointing Chinese data dented sentiment. Market ended with positive note on Tuesday as investors were upbeat with expectations of a rate cut, after CPI inflation came in at an 18-month low, and China signalled stimulus measures to lift the economy. Market closed with slight negative note on Wednesday as the government said that the country’s trade deficit had narrowed to a 10-month low. Nifty fifty ended with positive notes on Thursday driven by Realty, IT, Bank stocks. Market ended with flat positive notes on Friday due to stable global cues along with rise in Energy and IT. Sectorial Indexes like Energy, IT, Realty, Bank were the gainers with a gain of 4.81%, 4.09%, 0.70%, 0.01% respectively whereas Auto, Metal, FMCG, Pharma, Media Indexes were the losers with a loss of 0.20%, 0.48%, 0.71%, 2.39%, 4.28% respectively.

Energy Index settled as the top gainer of this week which recorded a gain of 4.81%. Gains were led by the stocks like Reliance, BPCL, IOC, Hindustan Petroleum, ONGC, Tata Power gained by 8.24%, 5.33%, 4.96%, 2.92%, 1.70%, 1.60% respectively while shares of Gail, Relianceinfra, NTPC, Powergrid were the losers with a loss of 4.80%, 3.12%, 2.40%, 0.28% respectively.

IT Index has a strong uptrend in this week which reported a gain of 4.09%. Shares of Infosys, Mindtree, Wipro, NIIT Tech, TCS, HCL Tech, Infibeam, Tech Mahindra were in the gainer side with a gain of 7.26%, 6.58%, 5.25%, 4.86%, 3.04%, 3.03%,1.95%, 1.51% respectively whereas shares of OFSS, Tata Elaxi were in the loser side with a loss of 0.25%,0.16% respectively.

Realty Index has witnessed a weekly gain of 0.70% with shares of Sobha, Brigade, Phoenix Ltd, Godrej Properties Limited gained by 8.88%, 3.89%,2.47%, 1.23% respectively while shares of Unitech, India bulls real-estate, Prestige, DLF, Oberoi Realty, Sun Teck were the losers, lose by 4.88%, 2.97%, 2.70%, 0.96%, 0.56%, 0.01% respectively.

Bank Index has a slight positive note in this week which recorded a gain of 0.01%. Shares of UBL, Britannia, Tata Global, Godrej Products, Dabur were in the gainer side with a gain of 2.64%, 2.56%, 1.89%, 0.93%, 0.74% respectively while shares of GSK Cons, Godrej Industries Limited, HUL, Jubilant food works Limited, ITC, USL, Marico, Colgate Palmolive, Emami Ltd, PGHH were in the loser side with a loss of 3.19%, 1.87%, 1.33%, 1.23%, 1.22%, 0.94%, 0.59%, 0.29%, 0.23%, 0.12% respectively.

Auto Index has lose 0.20% in this week with shares of Exide Industries Limited, Apollo Tyre, MRF, Ashok Leyland, Mother son Sumi system, Eicher Motors, Bosch Ltd, TVS Motors, Hero Moto corp, Bharat Forg lose by 5.02%, 3.78%, 1.91%, 1.86%, 1.80%, 1.80%, 1.26%, 0.87%, 0.15%, 0.02% respectively while shares of Amara Raja Batteries Limited, Tata Motors, Mahindra & Mahindra, Maruti, Bajaj Auto were the gainers, gained by 3.43%, 2.28%, 1.32%, 1.31%, 0.86%, 0.58% respectively.

Metal Index recorded a loss of 0.54% in this week. Shares of APL Apollo, Jindal stainless Limited, Hindalco, Vedanta Limited stood as the gainers of this week with a gain of 5.75%, 3.49%, 1.63%, 1.04% respectively whereas share of Welcorp, Sail, Moil, National aluminium, Jindal steel,NMDC, JSW Steel, Coal India, Hindustan Copper, Tata Steel, Hindustan Zinc stood as the losers of the Index with a loss of 12.66%, 4.79%, 3.32%, 2.69%, 1.99%, 1.36%, 1.14%, 0.95%, 0.71%, 0.48%, 0.40% respectively.

FMCG Index has slumped by 0.71% in this week which was opened at 30,759.05 on Monday and closed at 30,540.35 on Friday. Shares of UBL, Britannia, Tata Global, Godrej Properties, Dabur were in the gainer side with a gain of 2.64%, 2.56%, 1.89%, 0.93%, 0.74% respectively while shares of GSK cons, Godrej Industries Limited, HUL, Jubilant Food works Limited, ITC, USL, Marico, Colgate Palmolive, Emami Ltd, PGHH were in the loser side with a loss of 3.19%, 1.87%, 1.33%, 1.23%, 1.22%, 0.94%, 0.59%, 0.29%, 0.23%, 0.12% respectively.

Pharma Index recorded a loss of 2.39%. Shares of Lupin, Biocon, Dr. Reddy, Auro pharma, Divi’s Lab, PEL were the gainers with a gain of 2.63%, 1.41%, 0.57%, 0.53%, 0.45%, 0.09% respectively while shares of Sun Pharma, Glenmark, Cipla, Cadila healthcare were the losers with a loss of 11.92%, 1.70%, 0.34%, 0.17% respectively.

Media Index lose the most in this week which has recorded a loss of 4.28% . Shares of UFO, DB corp., Zee Media were advancing by 1.75%, 1.06%, 0.21% respectively while shares of Dish TV, SUN TV, TV18 Broadcast, Inox Leisure, Eros Media, Jagran, Network18, Zee Limited, PVR, DEN, TV Today, Hathway were lagging by 16.79%, 11.00%, 9.64%,4.86%, 3.92%, 3.82%, 3.02%, 2.06%, 2.00%, 0.57%, 0.52%, 0.48% respectively.

Courtesy by : Daily Hunt