Become a logicalchat Member

Latest Post

Best Swing Trade Stocks Right Now – 2024

Stock Analysis:- Best Swing Trade Stocks Right Now - 2024: Molina Healthcare (MOH) Trade Details: Date: Thursday, July 25, 2024 Closing Price: $324.17 Molina Healthcare (MOH) is...

Your story starts here. Sign up and let's connect in ways that truly matter!

HomeUncategorizedRecord-Breaking Week for Markets: Sensex, Nifty Reach New Highs; PSU Banks Lead,...

Record-Breaking Week for Markets: Sensex, Nifty Reach New Highs; PSU Banks Lead, Media Lags Behind.

Record-Breaking Week for Markets

Indian benchmark indexes set new highs in the fourth consecutive week ending March 7 on favorable global signals.

This week, BSE Sensex rose 313.24 or 0.42 percent to 74,119.39. The Nifty50 index increased 115.15 points (0.51 percent) to 22,493.55.

Small-cap index

IIFL Finance, Cressanda Solution, IIFL Securities, Sanmit Infra, Global Surfaces, Yasho Industries, Agro Tech Foods, Sigachi Industries, Ashoka Buildcon, Rainbow Childrens Medicare, AGS Transact Technologies, Mahanagar Gas, OnMobile Global, and Pricol fell 12-32 percent on the BSE Small-cap index. Tata Chemicals, Tata Investment Corporation, Waaree Renewable Technologies, SMS Pharmaceuticals, Kirloskar Brothers, TCPL Packaging, Schneider Electric Infrastructure, Vidhi Specialty Food Ingredients, Infibeam Avenues, and MOIL contributed 10–35%.

Mid-cap Index

Flat BSE Mid-cap Index. Tube Investments of India, Vedant Fashions, MphasiS, L&T Finance Holdings, GlaxoSmithKline Pharmaceuticals, Supreme Industries, New India Assurance Company, and Nuvoco Vistas Corporation lost, while Solar Industries India, Bharat Heavy Electricals, Union Bank of India, Oracle Financial Services Software, Oil India, Bank Of India gained.

Large-cap Index

Tata Power, Bajaj Auto, ICICI Prudential Life Insurance, Bharti Airtel, Zydus Lifesciences, Tata Motors, and Hindustan Aeronautics led the BSE Large-cap Index up 0.5 percent. Adani Wilmar, Zomato, Bajaj Holdings & Investment, UltraTech Cement, Indus Towers, Shree Cements, Mahindra and Mahindra, and Berger Paints India fell.

Market value

Bharti Airtel added the greatest market value, followed by Tata Motors, State Bank of India, and Sun Pharmaceutical Industries. Infosys, Reliance Industries, and UltraTech Cement lost the most market cap. Network18 is owned by Independent Media Trust, which benefits Reliance Industries only.

Sectors

Sectorally, Nifty PSU Bank climbed 3%, Nifty Pharma 1.5 %, Nifty Energy 1.4 %, and Nifty Bank 1 %. Nifty Media fell 3.2 percent, Nifty IT down 1.3 percent, and Nifty Realty fell 1 percent.

Fii and Dii

During the week, FIIs sold Rs 10,081.08 crore in stocks while DIIs acquired Rs 10,129.17 crore.

Must read book about investing – check here

IIFL Finance, Cressanda Solution, IIFL Securities, Sanmit Infra, Global Surfaces, Yasho Industries, Agro Tech Foods, Sigachi Industries, Ashoka Buildcon, Rainbow Childrens Medicare, AGS Transact Technologies, Mahanagar Gas, OnMobile Global, and Pricol fell 12-32 percent on the BSE Small-cap index. Tata Chemicals, Tata Investment Corporation, Waaree Renewable Technologies, SMS Pharmaceuticals, Kirloskar Brothers, TCPL Packaging, Schneider Electric Infrastructure, Vidhi Specialty Food Ingredients, Infibeam Avenues, and MOIL contributed 10–35%.


Flat BSE Mid-cap Index. Tube Investments of India, Vedant Fashions, MphasiS, L&T Finance Holdings, GlaxoSmithKline Pharmaceuticals, Supreme Industries, New India Assurance Company, and Nuvoco Vistas Corporation lost, while Solar Industries India, Bharat Heavy Electricals, Union Bank of India, Oracle Financial Services Software, Oil India, Bank Of India gained.

Tata Power, Bajaj Auto, ICICI Prudential Life Insurance, Bharti Airtel, Zydus Lifesciences, Tata Motors, and Hindustan Aeronautics led the BSE Large-cap Index up 0.5 percent. Adani Wilmar, Zomato, Bajaj Holdings & Investment, UltraTech Cement, Indus Towers, Shree Cements, Mahindra and Mahindra, and Berger Paints India fell.

Bharti Airtel added the greatest market value, followed by Tata Motors, State Bank of India, and Sun Pharmaceutical Industries. Infosys, Reliance Industries, and UltraTech Cement lost the most market cap. Network18 is owned by Independent Media Trust, which benefits Reliance Industries only.

Sectorally, Nifty PSU Bank climbed 3%, Nifty Pharma 1.5 %, Nifty Energy 1.4 %, and Nifty Bank 1 %. Nifty Media fell 3.2 percent, Nifty IT down 1.3 percent, and Nifty Realty fell 1 percent.

IIFL Finance, Cressanda Solution, IIFL Securities, Sanmit Infra, Global Surfaces, Yasho Industries, Agro Tech Foods, Sigachi Industries, Ashoka Buildcon, Rainbow Childrens Medicare, AGS Transact Technologies, Mahanagar Gas, OnMobile Global, and Pricol fell 12-32 percent on the BSE Small-cap index. Tata Chemicals, Tata Investment Corporation, Waaree Renewable Technologies, SMS Pharmaceuticals, Kirloskar Brothers, TCPL Packaging, Schneider Electric Infrastructure, Vidhi Specialty Food Ingredients, Infibeam Avenues, and MOIL contributed 10–35%.



Related Post