Market closed after Recovery from volatile market rose nearly 0.5 percent. Sensex once again managed to go beyond 26,000. In Midcap stocks their was trend of purchasing, but selling dominated in Smallcap stocks.
Yesterday, IT stocks beated fiercely, and the BSE IT Index was broken 4 percent. However, banking, capital goods and consumer durables stocks were in buying trends.
Finally, BSE 30-share index Sensex 109.2 points with a gain of about 0.5 percent close at 26108.5 levels. While NSE 50-share index Nifty gained 31.5 points, i.e, about 0.5 percent and close at 7779.7 levels.
In yesterday's trading session Zee Entertainment, BHEL, HDFC Bank, ICICI Bank, Cipla and M&M like heavyweight stocks closed after 3.3 to 2.6 percent increment. However, HCL Tech, TCS, Sesa Sterlite, JSPL, Hindalco, Tata Motors and Wipro type luminaries share fell from 9.1 to 1.1 percent.
However, this week Nifty declined with 1 percent and Sensex with 0.7 percent. Although the Bank Nifty has jumped 3.1 percent. This week in heavyweight stocks like DLF 27.6 percent, HCL Tech 13.4 percent, TCS 8.9 percent, Hindalco 7.1 percent, Sesa Sterlite 6.9 percent, UltraTech Cement 6.6 percent and JSPL fell 5.3 percent.
This week veteran shares like Indusbank 6 percent, Axis Bank 5.9 percent, NMDC 5.2 percent, Coal India 4.6 percent, ICICI Bank 3.2 percent and Tata Power 2.6 percent, BHEL 2.3 percent, PNB 2.2 percent and HDFC Bank surged 2.1 percent.
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