During the past week, the market remained relatively stable, showing minimal fluctuations for the second consecutive week. The rupee witnessed a depreciation, and foreign institutional investor (FII) selling continued.
In the sectoral landscape, there was a notable 2 percent increase in the BSE Realty index, a 1.8 percent uptick in the BSE Information Technology index, and a 1 percent rise in the BSE Capital Goods index. On the flip side, the BSE Power Index recorded a significant decline of 2.5 percent, the BSE Metal index experienced a 2.3 percent drop, and the BSE Telecom index saw a 2 percent decrease.
The Indian benchmark indices navigated a week marked by high volatility, ultimately concluding with marginal changes. The initial part of the week was characterized by pressure due to rising US bond yields, a stronger dollar, and mixed auto sales data. However, the latter part of the week offered some respite, thanks to positive domestic PMI data, an RBI policy outcome in line with expectations, and declining crude oil prices.
For the week, the BSE Sensex posted a modest gain of 0.25 percent or 167.22 points, closing at 65,995.63. Similarly, the Nifty50 added 15.2 points to end the week at 19,653.50.
Within the BSE Small-cap index, several stocks performed well, including Vascon Engineers, Sasken Technologies, Bhagiradh Chemicals and Industries, Authum Investment & Infrastructure, Raghav Productivity Enhancers, and Good Luck India, all witnessing significant 20 percent increases. Conversely, Mahanagar Telephone Nigam, DCM Shriram Industries, Aarti Pharmalabs, Steel Exchange India, GE T&D India, Sat Industries, Indiabulls Housing Finance, and Kalyani Steels faced declines ranging from 7 to 9 percent.
The BSE Mid-cap Index, however, dipped by 0.8 percent, primarily influenced by downward movements in stocks such as Dalmia Bharat, Glenmark Pharma, Gujarat Fluorochemicals, Vodafone Idea, Steel Authority of India, CG Power and Industrial Solutions, and Supreme Industries. On the positive side, gainers in this category included Godrej Industries, Godrej Properties, Solar Industries India, Indian Railway Catering & Tourism Corp, MphasiS, and The Ramco Cements.
In the sectoral landscape, there was a notable 2 percent increase in the BSE Realty index, a 1.8 percent uptick in the BSE Information Technology index, and a 1 percent rise in the BSE Capital Goods index. On the flip side, the BSE Power Index recorded a significant decline of 2.5 percent, the BSE Metal index experienced a 2.3 percent drop, and the BSE Telecom index saw a 2 percent decrease.
The Indian benchmark indices navigated a week marked by high volatility, ultimately concluding with marginal changes. The initial part of the week was characterized by pressure due to rising US bond yields, a stronger dollar, and mixed auto sales data. However, the latter part of the week offered some respite, thanks to positive domestic PMI data, an RBI policy outcome in line with expectations, and declining crude oil prices.
For the week, the BSE Sensex posted a modest gain of 0.25 percent or 167.22 points, closing at 65,995.63. Similarly, the Nifty50 added 15.2 points to end the week at 19,653.50.
Within the BSE Small-cap index, several stocks performed well, including Vascon Engineers, Sasken Technologies, Bhagiradh Chemicals and Industries, Authum Investment & Infrastructure, Raghav Productivity Enhancers, and Good Luck India, all witnessing significant 20 percent increases. Conversely, Mahanagar Telephone Nigam, DCM Shriram Industries, Aarti Pharmalabs, Steel Exchange India, GE T&D India, Sat Industries, Indiabulls Housing Finance, and Kalyani Steels faced declines ranging from 7 to 9 percent.
The BSE Mid-cap Index, however, dipped by 0.8 percent, primarily influenced by downward movements in stocks such as Dalmia Bharat, Glenmark Pharma, Gujarat Fluorochemicals, Vodafone Idea, Steel Authority of India, CG Power and Industrial Solutions, and Supreme Industries. On the positive side, gainers in this category included Godrej Industries, Godrej Properties, Solar Industries India, Indian Railway Catering & Tourism Corp, MphasiS, and The Ramco Cements.
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