The decline in the stock market continued this week. The major indexes closed with a decline of more than 2 percent in the week. On the other hand, the decline has been more severe in small stocks. The midcap index closed with a decline of about 4 percent and the small cap index closed with a decline of more than 4 percent. The main reason for the decline in the stock market is the continued selling by foreign investors and profit booking due to weak results.

How was the market performance?

This week, the Sensex closed at 77580 with a fall of 1906 points i.e. 2.4 percent. The Nifty 50 index closed at 23533 with a fall of 615 points i.e. 2.5 percent. The smaller stock index has suffered more losses. The BSE Midcap index has fallen by 3.9 percent, the BSE Smallcap index has fallen by 4.6 percent. The large cap index has fallen by 2.6 percent. The Nifty Metal and PSU Bank index have fallen by 5-5 percent during the week. The FMCG and Healthcare sector index have fallen by more than 4-4 percent. The Nifty Auto and Oil & Gas sector index have fallen by about 4 percent. At the same time, the IT sector index has increased by about 1 percent. Foreign investors' selling continued during the week. FIIs have sold equity worth Rs 9684 crore during this period. However, DIIs have bought equity worth Rs 12508 crore during this period. How was the performance of the stocks? During the week, there were more than 100 stocks where investors had to bear a loss of more than 10 percent. Out of this, 16 stocks fell by more than 15 percent and 5 stocks fell by more than 20 percent. Kopran fell by 26 percent, Global Spirits by 23 percent, Antony Waste Handling Cell by 22 percent, Advanced Enzyme by 22 percent and BASF India by 21 percent.