Sensex, Nifty Clock Longest Weekly Gaining Streak Of 2019
Closing Bell: Sensex, Nifty Clock Longest Weekly Gaining Streak Of 2019
Indian equity benchmarks ended higher for the fifth straight week despite a sharp fall in today’s trade. The benchmark indices clocked this year’s longest stretch of weekly gains.
The S&P BSE Sensex closed nearly 0.4 percent higher this week at 38,164.61 and the NSE Nifty 50 ended the week at 11,456.90 after gaining nearly 0.3 percent. The broader market index represented by the NSE Nifty 500 Index ended a little changed this week.
The 31-share index fell 0.58 percent or 222.14 points in today’s trade, while the 50-stock index ended 0.56 percent lower. The 500-share gauge ended 0.55 percent lower today.
The market breadth was tilted in favour of sellers. About 1,132 shares fell and 625 stocks advanced on National Stock Exchange.
Ten out of 11 sectoral gauges compiled by NSE ended lower today, led by the NSE Nifty PSU Bank Index’s 2.15 percent fall. On the flipside, the NSE Nifty Realty Index was the only sectoral gainer, up 0.47 percent.
Stocks Moving On Heavy Volumes
Ratnamani Metals & Tubes
- Stock fell as much as 2.6 percent to Rs 886.10.
- Trading volume was almost 40 times its 20-day average.
Securities & Intelligence Services
- Stock fell as much as 6.8 percent to Rs 880.05.
- Trading volume was almost 18 times its 20-day average.
- Stock rose as much as 14.2 percent to Rs 104.70.
- Trading volume was more than 13 times its 20-day average.
- Stock rose as much as 5.1 percent to Rs 853.
- Trading volume was almost five times its 20-day average.
- Stock rose as much as 3.8 percent to Rs 134.15.
- Trading volume as more than triple its 20-day average.
Market Check: Sensex, Nifty At Day’s Low
Indian equity benchmarks were trading at day’s low. Sensex fell over 400 points from intraday high and Nifty surrendered 11,500.
Money Market Update: Rupee At Day’s Low
The Indian rupee erased reversed morning gains and was trading at day’s low. The home currency depreciated as much as 0.3 percent to trade below 69 against the U.S. dollar.