Friday, 1 September 2017

Weekly market wrap: Nifty gains 61 points, Sensex gains 141 points

Nifty gained 61 points while Sensex gained 141 points during the past week. The 50-stocks index has formed higher lows with bullish pattern for the past three trading sessions. The index managed to end above the important mark of 9,950, signalling some signs of touching the 10,000 mark.

Nifty closed at the 9,974 level, up by 56 points, while Sensex closed at the 31,892 level, up by 161 points, on Friday. There were 1,071 advances, 574 declines and 321 unchanged stocks on the NSE, reflecting strong positive sentiments floating in the market. India VIX ended at the 11.76 level, down by 1.58%.

Realty and pharmaceutical sectors were buzzing with gains in the past week. The Nifty Realty index was the top gainer among sectoral indices in the past week, gaining 2.59% while the Nifty Pharma index secured the second top position with gains of 2.39%.

Among other indices, Nifty FMCG gained 0.28%, Nifty Bank gained 0.48%, Nifty Auto gained 1.99%, Nifty Metal gained 1.95% and Nifty Media gained 2.05% in the past week..
Following is the list of top gainers and top losers on the NSE past week:
Top gainers Closing Price (Sep 1) Closing Price (Aug 28) % Change Top Losers Closing Price (Sep 1) Closing Price (Aug 28) % Change
BSLIMITED 2 1.1 81.82% TVVISION 147.7 211.65 -30.21%
LCCINFOTEC 0.35 0.2 75.00% SABTN 149.5 205.05 -27.09%
MAWANASUG 131.6 98.05 34.22% RELIGARE 44.8 55.55 -19.35%
ANDHRACEMT 12.45 9.4 32.45% STAMPEDE 7.25 8.7 -16.67%
BOMDYEING 122.55 92.6 32.34% JAIBALAJI 10.65 12.65 -15.81%

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