Market up 1% to fresh record high on FII support; IT index hit hardest
In this week, Foreign organization investors (FIIs) purchased equities worthy Rs 3,115.26 crore, portion home organization investors (DIIs) offloaded equities worthy Rs 776.69 crore.
July 22, 2023 / 09:50 AM IST
1/9
The Market touched a caller grounds precocious and extended its winning streak successful the 4th consecutive week ended July 21 amid sustained inflows from FIIs, surplus monsoon, and bully net truthful far, but disappointing results and guidance from IT large Infosys put a interruption to the marketplace rally successful Friday’s session.
2/9
In this week, the BSE Sensex gained 0.94 percent oregon 623.36 points to decorativeness astatine 66,684.26, while the Nifty50 added 0.92 percent oregon 180.5 points to extremity astatine 19,745. During the week, the Sensex and Nifty touched caller grounds highs of 67,619.17 and 19,991.85, respectively.
3/9
The BSE Small-cap scale roseate 1.3 percent with DCM Shriram Industries, Sterling and Wilson Renewable Energy, Arihant Capital Markets, DB Corp, Mishtann Foods, Jai Balaji Industries, Ashapura Minechem, Newgen Software Technologies, Jagran Prakashan, Cerebra Integrated Technologies, Dodla Dairy, LT Foods, Electronics Mart India, Texmaco Infrastructure & Holdings, Heritage Foods, and Jindal Saw rising 20-32 percent. On the different hand, Transformers and Rectifiers India, Krsnaa Diagnostics, Datamatics Global Services, CCL Products India, Himatsingka Seide, and Roto Pumps mislaid 11-25 percent.
4/9
BSE Mid-cap Index added 0.5 percent led by Polycab India, Mphasis, Union Bank of India, SJVN, Gland Pharma, and Bank Of India, portion losers were Dalmia Bharat, Tata Elxsi, JSW Energy, The Ramco Cements, and Oracle Financial Services Software.
5/9
The BSE Large-cap Index roseate 0.7 percent supported by United Spirits, Kotak Mahindra Bank, State Bank of India, Larsen & Toubro, and HDFC Asset Management Company, portion losers included Reliance Industries, Infosys, ICICI Prudential Life Insurance Company, and Shree Cements.
6/9
Among the BSE Sensex, State Bank of India added the astir successful presumption of marketcap followed by ICICI Bank, HDFC Bank, and ITC portion Reliance Industries, Tata Consultancy Services, and Infosys mislaid the astir of their marketcap.
7/9
On the sectoral front, Nifty PSU Bank scale roseate 4 percent, Nifty Media scale up 3 percent, Nifty Bank scale up 2.8 percent, and Nifty Pharma and Energy indices added 2 percent each. On the different hand, Nifty IT scale shed 3.5 percent.
8/9
In this week, Foreign organization investors (FIIs) purchased equities worthy Rs 3,115.26 crore, portion home organization investors (DIIs) offload equities worthy Rs 776.69 crore. In this period truthful far, FII bough equities worthy Rs 17,697.89 crore and DII sold equities worthy Rs 8,906.19 crore.
9/9
In this week, Indian rupee gained further crushed successful the week ended July 21 arsenic it roseate 22 paise to adjacent astatine 81.95 connected July 21 against its July 14 closing of 82.17.
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