Stock Market Review

Stock Daily and Weekly Reports

Yesterday, It was a flat close for our market which traded within a very tight range for most part of the day. If we talk about the whole week, It was a mixed week for the Indian market which saw a bout of volatility, some flat trade and good rallies, too. week's performance was average and the numbers are: Sensex up 1.2% and Nifty up 1.3%. CNX Midcap index was up 1.9%, BSE Smallcap index up 2.8% over the week. BSE Realty index up 3.2%, BSE Bankex up 2.3%, BSE Metal index up 2.9%, BSE IT index up 1.3% and BSE Auto index up 3%.

On Friday Buying was mostly stock specific and in smallcap and midcap sectors. Realty and auto saw some strength, too. Sensex shut shop at 18221, down 16 points and Nifty at 5479, down 6 points from the previous close. CNX Midcap index was up 0.7% and BSE Smallcap index was up 0.9%. The market breadth was positive with advances at 775 against declines of 495 on the NSE. Top Nifty gainers were Unitech, Hero Honda and Ranbaxy while losers included Suzlon Energy, Jindal Steel & Power and Hindalco.