Domestic stocks closed lower on
Friday as investors booked profits that generated from the one-week stock
The BSE benchmark Sensex closed
0.6% or 222 points lower at 38,164, but the week ended 0.36% higher. The NSE Nifty50
which declined 0.5% on Friday was also emerged a weekly gain of 0.26% for the
week. The Nifty Mid-cap index was also declined 0.7% for the week.
Looking through the sectors, the
Nifty Auto index fell significantly, down 4.7%. Also the Nifty Media down 3.8% and the Nifty
Metal index declined 0.8% for the week. The Nifty Realty outperformed in the sector,
rose 6.1% followed by the Nifty FMCG, Energy and Bank Nifty.
Hindalco Industries was the best
performing stock, up 5%, among top Nifty stocks, this week. Indiabulls Housing
Finance also advanced 3.8%, followed by Infosys, Dr Reddy’s Lab, Yes Bank, and
Axis Bank rallied in the range of 3 to 5%.
Among top losers for the week, Maruti
Suzuki fell over 7% followed by Eicher Motors and HeroMoto Corp.