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Action gets traction

Mixed bag week, because of various events in country, oscillates between losses and gains

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J&K Governor Satya Pal Malik meets Union Minister for Finance and Corporate Affairs Arun Jaitley, in New Delhi. Pic/PTI

J&K Governor Satya Pal Malik meets Union Minister for Finance and Corporate Affairs Arun Jaitley, in New Delhi. Pic/PTI

It was an eventful week where we had a little of everything. We saw losses for the first two days, the gains for the next two days and finally Friday was a flat day. In the end we saw BSESENSEX gaining 62.53 points or 0.17% to close at 35,871.48 points. NIFTY gained 67.25 points or 0.63% to close at 10,791.65 points. The broader market saw BSE100, BSE200 and BSE500 gain 0.82%, 0.91% and 1.02% respectively. BSEMIDCAP fared better gaining 1.64% while BSESMALLCAP was up 2%.

The top sectoral gainer was BSEMETAL up 6.55% followed by BSEREALTY 4.40% and BSEOIL&GAS 4.29%. The top loser was BSEIT down 1.74% followed by BSETECK 0.95% and BSEFMCG 0.13%. In individual stocks the top gainer was Vedanta up 14.82% followed by ONGC 9.96% and Indian Oil 8.53%. The top loser was TCS down 5.17% followed by Kotak Bank 3.35% and Tata Power 3.10%.

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