Monday , December 23 2024

Weekly Stock Review: Foreign institutional investors sold Rs 226.70 crore from Indian markets.

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New Delhi, 15 December (HS). Amid mixed global signals, the domestic stock market managed to close with gains on a weekly basis for the fourth consecutive week. After 5 days of trading in the last week, the Sensex closed at 82,133.12 points with a gain of 623.07 points or 0.76 percent. Similarly, on weekly basis Nifty also closed at 24,768.30 points with a gain of 90.50 points or 0.36 percent.

Last week, in the trading period from Monday to Friday, foreign institutional investors sold Rs 226.70 crore from Indian markets. Including buying and selling, foreign institutional investors have done a total business of Rs 11,706.89 crore so far in the month of December. On the other hand, domestic institutional investors bought Rs 2,880.02 crore in the domestic stock market during last week’s trading. Including this week’s purchases, domestic institutional investors have purchased a total of Rs 4,672.49 crore in the month of December.

During trading between December 9 and December 13, the largecap index closed with a gain of 0.24 percent. Shares of LT Mindtree, Jindal Steel & Power, Bharti Airtel, Bajaj Finance, Bajaj Holdings & Investment, Wipro and HDFC Asset Management Company included in this index were included in the list of top gainers of the largecap index. On the other hand, Godrej Consumer Products, Life Insurance Corporation of India, Zomato, Tata Consumer Products, IDBI Bank, Divi’s Laboratories, Indus Towers and Avenue Supermarts joined the list of top losers on the largecap index.

BSE Midcap index closed 0.20 per cent higher in last week’s trade. Shares of Delhivery, Clean Science and Technology, CRISIL, Max Healthcare Institute, Nippon Life India Asset Management and Muthoot Finance included in this index were included in the list of top gainers. On the other hand, shares of Emami, Zee Entertainment Enterprises, Biocon, Go Digit General Insurance, UCO Bank, Sun TV Network, Sona BLW Precision Forgings, Consul Nerolac Paints and Castrol India were among the top losers of the index.

Unlike the largecap and midcap indices, the small cap index closed marginally lower after last week’s trading. Shares of Centum Electronics, Sunflag Iron and Steel Company, Gokaldas Exports, Greaves Cotton, Kitex Garments, Gujarat Industries Power, Indo Count Industries, Varoc Engineering, Vidhi Specialty Food Ingredients, Cantabil Retail India and Permanent Magnets included in this index are the list of top gainers. Joined. On the other hand, shares of Abans Holdings, IKI Energy Services, Newland Laboratories, Sapphire Foods India, Jana Small Finance Bank, and Gopal Snacks were among the top losers on the index.

If we look at the performance of the sectoral front on the basis of this week’s trading, the BSE IT index closed with a gain of 2.6 percent. Similarly, Telecom Index closed with a gain of 1.70 percent and Realty Index closed with a gain of 0.63 percent. On the other hand, the Energy & FMCG index slipped 1.5-2 per cent, while the Oil & Gas index declined by one per cent.