All the sectoral indices ended in the green with BSE Oil & Gas and Power indices adding 5.7 percent each, BSE Capital Goods index up 3.6 percent, and BSE Metal index up 3 percent.
The Indian equity indices extended the winning streak in the fifth consecutive week with Nifty surpassing its previous record high tested on September 15 on the back of extended support from FIIs amid better macro data, and supporting global cues including falling crude and bond yield and eased in uncertainties over potential US and ECB interest rate hike.
In this week, BSE Sensex added 2.29 percent or 1,511.15 points to finish at 67,481.19, while Nifty50 gained 473.2 points or 2.39 percent to end at 20,267.90.
BSE Mid-cap Index added 3 percent supported by Torrent Power, Power Finance Corporation, Bharat Heavy Electricals, REC, New India Assurance Company, Muthoot Finance, LIC Housing Finance and L&T Finance Holdings. On the other hand, Whirlpool of India, Solar Industries India, Tube Investments of India, UNO Minda, APL Apollo Tubes lost between 3-9 percent.
The BSE Large-cap Index rose 2.6 percent led by Adani Total Gas, Adani Energy Solutions, Adani Power, Hindustan Aeronautics, Adani Green Energy, Axis Bank and GAIL India.
The BSE Small-cap index rose 2 percent with Navkar Corporation, Datamatics Global Services, Tanfac Industries, Kesoram Industries, 63 Moons Technologies, Aster DM Healthcare, Sutlej Textiles and Industries, Marksans Pharma, Shalimar Paints, NBCC (India), Genesys International Corporation and India Cements rising 15-32 percent. On the other hand, Aether Industries, TVS Srichakra, RattanIndia Power, Vikas WSP, Texmaco Rail and Engineering, DB Corp, CarTrade Tech, Jaiprakash Associates, Jaiprakash Power Ventures, SML Isuzu, Thomas Cook (India), PDS, Honda India Power Products, The Bombay Dyeing, Himatsingka Seide and Dilip Buildcon lost 7-10 percent.
In terms of the market value, Axis Bank added the most in terms of market value, followed by Bharti Airtel, Larsen & Toubro and Tata Consultancy Services. On the other hand, IndusInd Bank lost the most of their market-cap.
All the sectoral indices ended in the green with BSE Oil & Gas and Power indices added 5.7 percent each, BSE Capital Goods index up 3.6 percent, and BSE Metal index up 3 percent.
In this week market witnessed resurgence in FII buying, as they bought Rs 10,593.19 crore, while Domestic institutional investors (DIIs) bought equities worth Rs 4,353.55 crore.
Indian rupee recovered previous week losses and ended 8 paise higher at 83.29 in the week ended December 1 against November 24 closing of 83.37.
Rakesh Patil
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