What was the condition of the business week that ended yesterday, how much has changed in mcap from Asian Paints to HDFC Bank. Both the indices were broken by more than 1 percent How was the performance of mid large and small cap, know here the complete summary of the stock market last week.
The last trading week of the Indian stock market closed with a decline. Last week, trading took place only on four out of five days in the market. The stock market was closed on Monday on account of Maharashtra Day. The Sensex finally closed at 61,054 and the Nifty at 18,069 yesterday amid week-long ups and downs.
According to the information received from the Ministry of Finance, there was better GST collection this week. FII has also made good investments in the market this week.
Both the indices were down more than 1 per cent yesterday.
In the trading week ended May 5, the Sensex (1.13 per cent) fell 694 points to close at 61,054. The Nifty 50 (1.02 per cent), fell 186 points to close at 18,069.
BSE Mid Cap rose 1.4 percent
This week saw a gain of 1.4 percent in the BSE Mid Cap Index. This gain in midcaps was supported by Cholamandalam Investment & Finance Company, New India Assurance Company, MRF, Mahindra & Mahindra Financial Services, ABB India, TVS Motor Company, Rajesh Exports and Adani Power.
Condition of small cap
The BSE small-cap index gained 1.3 per cent, led by gains of 20-31 per cent in Rail Vikas Nigam, Vadilal Industries, Datamatics Global Services, Orionpro Solutions, Tech Solutions, Brightcom Group and TAAL Enterprises.
Shares of Radhe Developers (India), Manappuram Finance, Gallant Ispat, The Bombay Dyeing Company, Entertainment Network India, Rushil Decor, GRM Overseas, Dishman Carbogen Emsys and Jindal Drilling Industries fell 10-19 per cent.
Large cap stable
The large cap index closed flat this week. The gainers on the index were InterGlobe Aviation, FSN E-Commerce Ventures (Nykaa), One 97 Communications (Paytm), Siemens and Havells India.
Talking about the losers, IndusInd Bank, Dabur India, HDFC Bank, Adani Wilmar and UPL were included.
Whose m cap increased and whose decreased
In BSE Sensex, Asian Paints was the top gainer in market cap. It was followed by Bajaj Finance, Bajaj Finserv.
On the other hand, HDFC Bank , Housing Development Finance Corporation and Bharti Airtel lost most of their market caps.
FII became buyer
Foreign institutional investors ( FIIs ) stepped up their buying buying equities to the tune of Rs 5,527.76 crore, while domestic institutional investors (DIIs) sold equities worth Rs 2,735.25 crore in the week ended May 5.
strong rupee
Last week, the Indian rupee closed marginally higher at 81.79 per dollar on May 5 as against the closing of 81.83 on April 28.
