Sensex, Nifty Clock Longest Weekly Gains Since November
A broker reacts while looking at financial data on computer screens the trading floor during a charity day at BGC Brokers L.P., a unit of BGC Partners Inc., in London, U.K. (Photographer: Luke MacGregor/Bloomberg)

Sensex, Nifty Clock Longest Weekly Gains Since November

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Closing Bell: Sensex, Nifty Clock Longest Weekly Gains Since November

Indian equity benchmarks clocked their longest stretch of weekly gains since November.

The S&P BSE Sensex ended 1.68 percent higher this week at 36,671.43 and the NSE Nifty 50 ended above 11,000 after gaining 1.58 percent this week.

On Friday, both the 31-share index and the 50-stock index ended lower by 0.15 percent and 0.21 percent respectively, halting a four-day rally.

Seven out of 11 sectoral gauges compiled by NSE fell, led by the NSE Nifty Metal Index’s 1.5 percent decline. On the flipside, the NSE Nifty Realty Index was the top sectoral gainer, up 0.19 percent.

Sensex, Nifty Clock Longest Weekly Gains Since November

Stocks Moving On Heavy Volumes

Federal-Mogul Goetze India

  • Stock rose as much as 13.6 percent to Rs 571.90.
  • Trading volume was more than 50 times its 20-day average.

Granules India

  • Stock rose as much as 9.8 percent to Rs 114.40.
  • Trading volume was more than 14 times its 20-day average.

Dixon Technologies

  • Stock rose as much as 6.7 percent to Rs 2,548.
  • Trading volume was more than 14 times its 20-day average.

Azim Premji Trust Offloads Shares In Wipro

Azim Premji Trust sold 2.67 crore shares in Wipro, according to its stock exchange notification.

Shares of the information technology company as much as 4.8 percent to Rs 256 after a block deal during the opening trade today.

BloombergQuint had earlier reported that Azim Premji Trust, part of the promoter group that owns 74.3 percent in the software services provider, plans to sell a minimum of 0.29 percent, or 1.78 crore shares through block deals, according to sources who spoke on the condition of anonymity as the information was not public.

European Shares Extend Declines On Global Growth Concerns

European shares fell, following Asia markets lower, on concerns over global growth and signs China wants to slow the country’s equity rally.

Sensex, Nifty Clock Longest Weekly Gains Since November

Equity Mutual Fund Monthly Inflows Fall To Lowest In 25 Months

Sensex, Nifty Clock Longest Weekly Gains Since November
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