Weekly Snapshot on stocks for the week ended Jan-11
January 12, 2019
Sensex, Nifty recorded modest gains this week. The Sensex settled above the 36,009.84 after budging above and below that stage in the week. The Nifty ended at 10,795-mark. For the week, the BSE Sensex rose 0.9 percent and the NSE Nifty rose 0.6 percent.
results has come out with Infosys Ltd, Tata Consultancy Services (TCS) and
IndusInd Bank showin a mixed bag of gains.
FMCG index went up 2 percent, Pharma index rose 1.3 percent, Bank Nifty &
IT gained 1 percent each, Auto index surged 0.6 percent, in contrast Nifty
Metal down 1 percent, Energy fell 0.8 percent and Infra index down 0.3% in
specific stocks Hindustan Petroleum Corp fall 6.3 percent this week as crude
oil prices made stronger amidst US-China trade tariff talks.
stocks rose to five-week highs on Friday, amid trade negotiations between Beijing
and Washington are moving to higher levels.
oil prices were on track for strong weekly gains on Friday after OPEC-led crude
output cuts began to tighten supply.