Figures from the National Securities Depository (NSDL) revealed that foreign portfolio investors (FPIs) divested equities worth Rs 5,899.Market observers pointed out that the seven-day fall was the longest losing streak for the indices after a nine-day fall that occurred during December 13-26, 2016.Sectorally, the top gainers were the metal, realty and auto indices.FIIs (foreign institutional investors) continued to be net sellers in the Indian equities, however DIIs gave good support with positive flows, Gandhi added.15); Hindustan Unilever (down 5.65); Bajaj Auto (up 2.16 per cent at Rs 3,105); Power Grid (up 1 per cent at Rs 211.D. Gogoi can be contacted at [emailprotected])IANSppg/vmPost Source: Ians feed.By Porisma P.80.8 points or 1.60 crore.01 per cent at Rs 377.76 per cwent to close the weeks trade at 9,788.However, the indices pared most of their losses towards the later half of the week and closed on a flat note
Wholesale lotion pump as sentiments were buoyed by continous pumping in of funds by domestic institutional investors (DIIs) and bargain hunting.
The losers were: Asian Paints (down 8.The geo-political wave continued for yet another week, this time from Indian forces taking military action against militants hideouts in Myanmar, Desai told IANS.98 per cent at Rs 510).95 crore, or 897. Aggarwal, Chairman and Managing Director, SMC Investments and Advisors, said: In the week gone by, investors sold equities on the back of geo-political concerns between the US and North Korea.60); ONGC (up 3.On a weekly basis, the 30-scrip Sensitive Index (Sensex) of the BSE plunged by 638. A bounce back towards the end of the week helped to curb the losses, Deepak Jasani, Head Retail Research, HDFC Securities, told IANS. Similarly, the Nifty50 of the National Stock Exchange (NSE) receded by 175.K.On the currency front, the Indian rupee weakened by 49 paise to close the week at 65. Strong words got exchanged between the two countries, increasing the possibility of a war-like situation.58 per cent at Rs 270.85); and Axis Bank (up 0.During the week, weakness in the indices continued with rupee becoming weak and crude oil prices rising, said Anita Gandhi, Whole Time Director at Arihant Capital Markets.(Porisma P.Carrying on from last week, markets continued to correct further this week.05); Adani Ports (down 6.95). Back at home, concerns pertaining to the possibility of fiscal slippage on the possibility of fiscal stimulus to boost growth receded with government announcing that it will stick to the budget plan, Aggarwal told IANS.29 to a US dollar from its previous weeks close at 64. GogoiMumbai, Sep 30 (IANS) Key Indian equity indices the BSE Sensex and the NSE Nifty witnessed further correction and closed lower by almost two per cent during the week ended Friday, as persistent outflow of foreign funds on the back of a weak rupee, coupled with geo-political risks, suppressed investors sentiments. Reddys Lab (down 5.40); and Wipro (down 4.
The top weekly Sensex gainers were: Coal India (up 6.15); Dr.72 points.20 per cent at Rs 1,175.46 per cent at Rs 280.07 per cent at Rs 1,117. The top losers were the PSU banks, pharma and FMCG indices, he added.18 per cent at Rs 2,329.59 crore during the week, whereas the DIIs bought scrip worth Rs 11,666.Provisional figures from the stock exchanges showed that FIIs continued with their selling spree and off-loaded stocks worth Rs 10,896.72 points or two per cent to close at 31,283.14 million, during September 25-29.