Sensex, Nifty Eke Out Weekly Gains; Broader Markets Outperform
An employee walks past electronic ticker boards that indicate the latest stock figures inside the atrium at the National Stock Exchange (NSE) in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Sensex, Nifty Eke Out Weekly Gains; Broader Markets Outperform

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Closing Bell: Third Straight Weekly Gains

Indian equity markets managed to end higher and posted gains for the third straight week.

The S&P BSE Sensex ended 0.65% higher at 43,882 while the NSE Nifty 50 index ended 0.7% higher at 12,859. 33 out of the 50 index constituents ended with gains.

The top gainer on the Nifty today was Bajaj Finserv - which ended with gains of 9.2% - its biggest single-day advance in two years. The stock gained for the ninth day in a row and has advanced over 50% in the last 15 trading sessions.

Gains were kept in check by the decline in Reliance Industries, which ended as the top laggard on the Nifty, down 3.7%.

In terms of sectoral performers, the Nifty I.T. index was the top gainer, ending with gains of 1.4%. The Nifty FMCG and the Nifty PSU Bank index ended with gains of 1% each.

The Nifty Media index was the top laggard in today's session, ending 0.9% lower. The Nifty Pharma was the other sectoral laggard, ending lower by 0.3%.

Broader markets outperformed for today's trading session. The Nifty Midcap index ended with gains of 0.8% while the Smallcap index ended 1.2% higher.

India Volatility Index ended little changed at 19.52.

1,089 stocks on the NSE ended with gains while 738 posted losses.

How Did The Markets Fare For The Week

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