Mumbai The 30-share sensitive index of the Bombay Stock Exchange (BSE) fell 526.51 points, or 1.3 percent, to close at 39,982.98 last week, due to negative inflation data from India Inc, delays in US fiscal stimulus and a resurgence in Kovid-19 cases in Europe. While the National Stock Exchange (NSAE) Nifty lost 501.7 points or 1.27 percent to close at 11,762.50. The Sensex had closed at 40,509.49 and the Nifty at 12,263.57 during the week ended 9 October.
The BSE largecap index was down 1.4 percent in the previous week. Vedanta, Motherson Sumi Systems, Tata Motors – DVR and Wipro fell by 9–22 per cent, while Tata Steel, JSW Steel, Hindalco Industries, Ultratech Cement and Grasim Industries were among the top beneficiaries.
The BSE Midcap index lost 1 percent. Zee Entertainment Enterprises, Vodafone Idea, LIC Housing Finance and Bharat Heavy Electricals were among the top losers, while the beneficiaries included JSW Energy, IDBI Bank, Cummins India and Oracle Financial Services Software.
The BSE Smallcap index saw a 1.2 per cent fall in Aarti Drugs, Central Bank of India, Prabhat Dairy and Bhansali Engineering Polymer last week, while the beneficiaries included Jindal Stainless, Gayatri Projects, Tata Steel Long Products, Subex and Just Dial.
In the BSE Sensex, Reliance Industries Ltd. recorded the highest loss in the past week. It was followed by Tata Consultancy Services, HDFC Bank, Bharti Airtel respectively. Last week Infosys and UltraTech Cement reported the highest growth in their market value.
Last week Nifty 50 was followed by PSU Bank (down 4.7 percent), Nifty Auto (down 2.5 percent) and Nifty Pharma Index (down 2 percent), however, the Nifty Metal Index gained 3 percent.
In October, foreign institutional investors (FIIs) bought equities worth Rs 6,189.02 crore and foreign direct investors (DIIs) sold equities worth Rs 7,347.44 crore. The Indian rupee slipped 18 paise against the US dollar last week. It closed at 73.34 per dollar on October 16, while it closed at 73.16 per dollar during the week ended 9 October.