Indian market continued with upswing for the second week aided by strong FIIs inflow. Sensex and Nifty ruled above 19,400 and 5,800 mark respectively on buying spree seen in index pivotal. Nevertheless, the fundamental worries relating to inflation and interest rates still continue. Sectorally, BSE Realty, Consumer durable, Auto and Metal led the rally.
The 30 share index, Sensex ascended 604.75 points, or 3.21% to 19,420.39 in the week ended April 01. On the other hand, the broad based NSE Nifty surged 171.8 points, or 3.04% to 5,826.05 in the same period.
Mid-cap index gained by 261.38 points, or 3.89% to 6,982.94 in the week. Small-cap index too climbed 356.56 points, or 4.46% to 8,358.19 during the week.
All sectoral indices embraced the week with sharp gains. Key gainers were BSE Realty (7.15%), Consumer durable (5.97%), Auto (5.74%), Power (3.30%), Metal (3.18%), Teck (3.09%), FMCG (2.92%), IT (2.72%), Capital goods (2.51%), PSU (2.5%), Bankex (2.04%), Oil & gas (2.01%) and Healthcare (1.58%).
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