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News and cues saturate week

An eventful past few days lead up to the budget

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Railway Minister Piyush Goyal (right) with Defence Minister Nirmala Sitharaman at Rashtrapati Bhavan in New Delhi. Pic/PTI

Railway Minister Piyush Goyal (right) with Defence Minister Nirmala Sitharaman at Rashtrapati Bhavan in New Delhi. Pic/PTI

It was a very long week at the markets replete with news. In fact, there was so much news, that it seemed the week would never end. Markets began the week on a positive note and gained on one more day while they lost on three days. BSESENSEX lost 361.07 points or 0.99 per cent to close at 36,025.54 points. NIFTY lost 126.45 points or 1.16 per cent to close at 10,780.50 points. The broader indices saw BSE100, BSE200 and BSE500 lose 1.30 per cent, 1.41 per cent and 1.57 per cent respectively. BSEMIDCAP lost 2.28 per cent while BSESMALLCAP lost 3.48 per cent.

Top crop
The top sectoral gainer was BSEOIL&GAS up 3.70 per cent followed by BSEHEALTH CARE 1.06 per cent and BSEIT 0.77 per cent. The top loser was BSEAUTO down 6.49 per cent followed by BSEPOWER 3.64 per cent and BSEMETAL 3.11 per cent. In individual stocks the top gainer was Yes Bank 10.79 per cent, followed by Sun Pharma 8.05 per cent and Reliance Industries 5.33 per cent. The top loser was Zee Enterprises down 27.45 per cent followed by Maruti Suzuki 11.38 per cent and Hero Moto 7.71 per cent.
The Indian Rupee remained unchanged at Rs 71.18 to the US Dollar. Dow Jones had a volatile week but managed to eke out gains of 30.85 points or 0.12 per cent to close at 24,737.20 points.

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