Weekly Report : A Snapshot View

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It was overall a good week for the Indian market which make cheers for traders and saw a couple of strong sessions that helped the Nifty to breach the level of 5500 mark for the first time since February 2008. Today Indian markets closed marginally lower but fared better than Asian and European stocks reflecting the inherent strength in the domestic growth story. Global cues were quiet-to-negative and did not provide much support to Indian markets.

This week's performance was average and the details are:

  • Sensex up 1.2% and Nifty up 1.4%.
  • CNX Midcap index was up 2.5%,
  • BSE Smallcap index up 1.7% over the week.
  • BSE Realty index up 0.5%, BSE Bankex up 2.7%,
  • BSE Metal index up 0.5%,
  • BSE IT index up 0.1% and
  • BSE Auto index up 1.2%.

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