Indian stock market indices closed the week with minor gains amidst burning concern over coronavirus outbreak affecting international growth impacted on investor sentiment. As per the numbers on Saturday, the death toll has exceeded 1500 and the number of infections now tolled at 66,000.
Interim, on Friday the market benchmark indices closed lower led mainly by Consumer Goods sectoral stocks and auto stocks. The Sensex closed down by 202-pts at 41,258, while the Nifty-fifty index ended lower by 61-pts at 12,113.
On a weekly basis, the Sensex this week added 0.3-pc and the Nifty gained 0.12-pc, while in the broader markets the Nifty MidCap-100 index down 2.1-pc.
Nifty Information Technology index gained 1.1 percent, while Nifty PSU Bank slipped over 4-pc, Nifty Metal dropped 3.5 percent, Nifty Auto and Realty lost over 3-pc each, and the Nifty Bank also fell over 1.1-pc for the week.Track more information on Best Stock weekly watch and free stock to buy for tomorrow updates from here.
Among the top Nifty Gainers for the week, UPL rose 8.94-percent, Bharti Airtel gained 4.74-pc, Hindustan Unilever, Dr.Reddys added 4.40-pc each and Reliance Industries rose 3.76-pc, for the week.
Further, JSW-Steel, Bajaj-Finance, HCL-Technologies, Tata Consultancy Services (TCS), and ICICI Bank were also come out as the other gainers for the week.
On the downside, IndusInd Bank dropped 9.45-percent, Mahindra and Mahindra down by 8.10-pc, Tata Steel lost 7.74-pc Grasim Industries and Coal India slipped over 5.60 percent each for the week.