Market this Week: Money rained in the market this week, the amount increased by 55% in a week

News Topical, Digital Desk : The last week of the stock market has proved to be great for investors. This week the market was open for 4 days and with the help of buying during this period, the trend of decline in the market for the last 6 weeks came to an end. This week the major indexes closed with a gain of one percent. The main reason for the increase in the market was the data related to the economy, the impact of better results of companies, softening of oil prices. If we look at the performance of the stocks included in the BSE Smallcap Index, then the number of those registering a gain of more than 15 percent during the week reached double digits. At the same time, the maximum increase was 55 percent.

How was the market performance?

During the week, the Sensex gained 739.87 points or 0.92 percent to close at 80,597.66, while the Nifty50 rose 268 points or 1.10 percent to close at 24,631.30. During the week, the BSE large-cap and mid-cap index gained 1 percent each, while the BSE small-cap index rose 0.4 percent. On the sectoral front, the Nifty Healthcare and Pharma index gained 3.5 percent each. The Nifty Auto index rose 2.7 percent and the Nifty PSU Bank index strengthened by 2 percent. On the other hand, the Nifty Consumer Durables and FMCG index fell 0.5 percent. Foreign institutional investors continued to sell for the 7th consecutive week. This week they have sold shares worth more than Rs 10 thousand crore. On the other hand, domestic institutional investors bought shares worth Rs 19 thousand crore for the 17th consecutive week. So far in the month of August, FIIs have sold shares worth Rs 24,191.51 crore, while DIIs have bought shares worth Rs 55,795.28 crore. 

Where did the highest earnings come from? During the week, 25 stocks have gained 10 percent or more. At the same time, more than 10 stocks have increased by more than 15 percent, 4 stocks have seen a growth of more than 20 percent. On the other hand, the number of stocks registering a loss of more than 10 percent has also been more than 10. However, the maximum loss has been less than 20 percent. Yatra Online closed 55 percent, HBL Engineering 28 percent, NMDC Steel 21 percent, JM Financial 21 percent, Rico Auto more than 18 percent, EIH 18 percent, VST Tillers Tractors and Shaili Engineering Plastics closed 16 percent higher. On the other hand, PG Electroplast has fallen by more than 17 percent and NIBE by about 17 percent. 

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