Weekly Review on Stocks for the Week Ended Sept-6

Weekly top gainers

Key benchmark indices of the market ended about 1pc lower for the week on concerns of slowing economic growth.

For the week, BSE Sensex was down 0.9pc and the NSE Nifty down 0.7% each.

On Friday weekend, Indian stocks closed higher, led by auto & banking stocks. The Sensex ended 337-pts up at 36,982-level, while the Nifty50 index added 98-pts to end the day at 10,946. for hni stock tips visit us.

Nifty Sectoral indices were mixed for the week. Major gains performed by the Nifty Metal which was up 3pc, followed by Nifty Auto, up by 1.3pc

On the other hand, the Nifty PSU Bank declined 3.8% for the week, while the Nifty FMCG lost 2pc. The Nifty Bank slipped 0.6pc and the Nifty Media fell 0.5pc for the week.

Major Nifty Gainers for the week include Dr.Reddys Lab (up 8pc), BPCL (up 7pc), Tata Motors and Tata Steel (up 6pc each), and Yes Bank (up 5pc).

Top Nifty Losers were India Bulls Housing (down 5.25pc), Asian Paints (up 5.13pc), HDFC and Ultratech Cement (up by 4pc each) and ICICI Bank up by 3pc.

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