Weekly Watch on Stocks for the Week Ended 11-Oct


Stocks-Tips > For the week, both the Sensex, Nifty gained 1.2 percent each.
>Bharti Airtel, Britannia Industries, Cipla Ltd, Bharti infratel and Infosys were among top gainers for the week.
> Next week, Among Key results the top names include Reliance Industries, Larsen&Toubro Infotech, L&T Finance Holdings and MCX.

A Quick Wrap on stocks for the week: Indian markets ended the volatile week on a positive territory on Friday weekend. On Friday, the Sensex advanced 0.65% or 246-pts to end at 38,127 and the Nifty rose 0.63% or 70-pts to close at 11,305. Get Nifty Options Tips by just clicking the link.

For the week, the Sensex together Nifty gained 1.2% each. High-level volatility was witnessed throughout the week, where Sensex touched an intra-day low of 37,480 on Monday and an intraday high of 38,338 on Friday.

Among sectoral index gainers this week, the Nifty FMCG gained 4.3%, the Nifty Auto and Nifty Bank rose 3% each. Meanwhile, selling was witnessed in the Nifty IT, Nifty Realty and Nifty Media, IT and Realty sectors.

The IT majors Tata Consultancy Service (TCS) and Infosys Ltd have released their September quarter. TCS missed the Street expectations as it reported a muted revenue trend, whereas Infosys reported strong gains.

Top Nifty Gainers and Losers This week: Bharti Airtel (+11%), Britannia Industries (+6.2%), Cipla (+5.56%) Bharti infratel (+4%) and Infosys (+3.72%) were the top gainers for the week.

IndiaBulls Housing (-21%), BPCL (-8.2%), Yes Bank (-6.82%) ITC (-6.76) and IOC (-5.5%were the top losers for the week.

In the upcoming week, Key results to watch out for will be Reliance Industries, Larsen & Toubro Infotech, L&T Finance Holdings, and MCX.
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