Market Last Week: Break On The Stock Market’s Downward Trend

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Market Last Week: Break On The Stock Market’s Downward Trend

Last week, the stock market recovered its bright tone after three days of downturn. The Sensex gained 480 points and ended the week at 65721. Nifty, on the other hand, finished at 19517 level, up 135 points.

Nifty top gainers were Cipla (3.53%), IndusInd bank (3.01%), Tech Mahindra (2.65%), Wipro (2.29%), and Bharti Airtel (2.05%). Whereas, Nifty top losers were State Bank (2.93%), Bajaj Auto (2.53%), BPCL (2.04%), Maruti (1.01%) and NTPC (0.95%). 3720 stocks were traded on BSE and 2232 stocks advanced. 1337 declined and 151 remained unchanged. A total of 293 had upper circuits and 181 had lower circuits.

Sensex top gainers and losers were Infosys, JSW Steel, NTPC and Power Grid were the top gainers today. Whereas Titan, Bajaj Finserv, ICICI Bank, Nestle, UltraTech Cement, Bajaj Finance, Maruti, Tata Consultancy Services, IndusInd Bank, and State Bank of India were the top losers last week.

Silver prices decreased because there was less demand for gold in the bullion markets over the week. Silver prices fell significantly by Rs 1860 per kg in five trading days, while gold prices only decreased by Rs 273 per 10 grams. On Friday, the price of 10 grams of 24-carat gold ended at Rs 59294. Silver, on the other hand, cost Rs 72000 per kilogram.

24 Comments

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