This week, the stock market has been in decline and both Sensex and Nifty have fallen by more than 2 percent. This decline in the market has been seen due to weak results, selling by foreign investors and weak foreign signals. This week, the Sensex closed at 79403 with a decline of 1822 points i.e. 2.24 percent. On the other hand, the Nifty 50 index closed at 24181 with a decline of 673.25 percent i.e. 2.7 percent. In the month of October, both Sensex and Nifty have fallen by more than 6 percent.

How was the market performance?

During the week, the BSE Midcap index fell 3.2 percent, the BSE Midcap index fell 5.2 percent and the BSE Smallcap index fell 7.3 percent. Talking about the sector, the Nifty Media, Metal and Realty sectors fell 7-7 percent. On the other hand, the Nifty Oil and Gas index fell more than 6 percent. The index of public sector banks has seen a decline of about 6 percent and the auto index has seen a decline of more than 5 percent. On the other hand, the selling of FIIs continued this week as well. During the week, foreign institutional investors have sold equity worth Rs 20024 crore. However, DIIs have bought assets worth Rs 22914 crore. So far in the month of October, FIIs have sold equity worth Rs one lakh crore. However, DIIs have bought equity worth more than Rs 97 thousand crore during this period. How was the stock performance? This week, the number of losers in the market has been high. During the week, about 50 stocks have fallen by 15 percent or more. On the other hand, the number of stocks that registered a gain of 10 percent or more during the week was less than 10. Among the biggest losers, PNC Infratech gained 32 percent, Huhtamaki India nearly 30 percent, Chennai Petroleum 24 percent, KPIT Technologies 23 percent and Bliss GVS nearly 22 percent. On the other hand, Timex Group India rose 15 percent and Care Ratings 14 percent.