The stock market has seen a decline this week, this is the third consecutive week when the major indexes have remained in the red. This week the Sensex closed at 81224.75, down 0.19 percent or 156.61 points. On the other hand, Nifty 50 has declined by 0.44 percent and the index closed at 24854. During the week, the BSE Midcap index closed 1 percent, the BSE Largecap index closed 0.7 percent and the BSE Smallcap index closed flat.
How was the condition of the rest of the market?
Nifty Auto Index fell by 5 percent during the week. Nifty Metal Index closed down by 2 percent, Media Index, FMCG and Oil & Gas Index closed down by 1.5-1.5 percent. On the other hand, Bank Index was up by about 2 percent. Nifty PSU Bank Index rose by one percent and Nifty Realty Index rose by 0.6 percent. Foreign investors continued to sell during the week. During this period, FIIs sold equity worth Rs 21823 crore. However, on the other hand, domestic investors bought equity worth Rs 16384 crore. So far this month, FIIs have sold equity worth Rs 80218 crore. On the other hand, DIIs bought equity worth Rs 74176 crore. Where did the profit and where did the loss happen? During the week, more than 30 stocks saw a gain of more than 10 percent. More than 12 stocks rose by more than 15 percent during this period. 6 stocks have seen a gain of more than 20 percent and one stock has seen a gain of more than 30 percent. On the other hand, 11 stocks have seen a decline of more than 10 percent. The weekly loss of all the falling stocks has been less than 25 percent. The rising stocks include Nalwa Sons Investment (43 percent), Precision Camshafts (29 percent), Motilal Oswal Financial (27 percent), Renaissance Global (26 percent), IFB Industries (26 percent), Kalyanji Investment (22 percent).
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