The week ended June 17, 2016


The market on Friday ended on a firm note with the Sensex up 100.45 points or 0.4 percent at 26625.91 and the Nifty was up 29.45 points or 0.4 percent at 8170.20. About 1240 shares advanced, 1333 shares declined, and 184 shares were unchanged. Bharti Airtel, TCS, Tata Motors, HDFC and Coal India were top gainers while Sun Pharma, Dr Reddy’s, Tata Steel, SBI and L&T are losers in the Sensex.

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The week ended June 10, 2016


The selling pressure continued for second consecutive session on Friday, tracking weakness in global peers again and further profit booking in banks, auto, FMCG and metals stocks. The 30-share BSE Sensex fell 127.71 points to 26635.75 and the 50-share NSE Nifty slipped 33.55 points to 8170.05. The broader markets also caught in bears’ grip with the BSE Midcap and Smallcap indices falling 0.2-0.4 percent. Experts feel the consolidation may continue in near term and says any sharp fall will be buying opportunity as they are bullish on India.

Next week will be very important globally as Federal Reserve will be holding a two day meeting that will start on June 14. After the recent speech by Fed Chairperson Janet Yellen, experts believe that there won’t be a rate hike in June policy but the commentary will be key to watch out for.

Here are some picks from the week gone by.

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The week ended May 27, 2016


The market ended with super gains boosted by index heavyweights. The Sensex closed up 286.92 points or 1 percent at 26653.60, and the Nifty was up 79.90 points or 0.9 percent at 8149.55. About 1401 shares have advanced, 1173 shares declined, and 189 shares are unchanged.

SBI gained 9 percent while Sun Pharma was up 6 percent. Adani Ports, Reliance and Bajaj Auto were other gainers in the Sensex. Among losers were ONGC, Axis Bank, ITC, GAIL and NTPC.Here are some picks from the week gone by.

Here are some picks from the week gone by.

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