Indian equity benchmark index lost almost 2 percent in a very fluctuative week ending April 22. Mixed income by the company, rising bond rewards, Russian-Ukrainian conflict, high inflation and anticipation of an increase in aggressive interest rates 50bps by the US which was fed in May was muted by investor sentiment.
For this week, BSE Sensex fell 1,141.78 points (1.95 percent) ended at 57,197.15, while Nifty50 fell 303.65 points (1.73 percent) to end at 17,172 levels.
The BSE-BSE index fell 1.7 percent, dragged by Larsen & Toubro Infotech, Infosys, one 97 Communications, HDFC Bank, Tech Mahindra and Housing Development Finance Corporation. However, Coal India, Reliance Industries, Mahindra and Mahindra, Maruti Suzuki India, Eicher Motors and Indian Oil Corporation remain among the main winners. (Disclations: MoneyControl is part of the network18 group. The network18 is controlled by Independent Media Trust, the reliance industries are the only beneficiaries.)
BSE Mid-Cap Index fell 1.1 percent dragged by Tata Power Company, Glenmark Pharma, Shriram Transport Finance Corporation, ICICI Securities, Max Financial Services, RBL Bank and Mphasis. On the other hand, Gainers is Adani Power, NHPC, L & T Finance Holdings, Biocon, JSW Energy and Colgate Palmolive (India).
Small Capitalization Index BSE loses 0.93 percent with Birla Tires, Ineos Styrolution India, Aurum Proptech, Asia Granito India, Ramus Venus, IndiaBull Real Estate, Digital Digital Services Yaari, Solara Active Pharma Sciences, PTC Industries, Jaiprakash Associates, Allara, Industry Alok, Alok, Alllok, Allara, Alok, Industrial, Jaiprakash, Allara, Allara, Allara, Allara, Industry, Jaiprakash, Allara, Allara, Allara, Allara, Alara, Alcoh, Allara, Allara, Allara, Allara, Allara, Alara Allara, Allara, Allara, Allara, Allara, Allara, Allara, Allara, Jaiprakash, Alokrakash, Allara, Allara, Jaiprakash, Alok, Intellect Design Arena, Indian Rallis, Dynemic Products, Renaissance Global, Saregama India, Steel Exchange India and Kabra Extrusion Technik lost 10-24 percent. On the other hand, Sunflag Iron and Steel Company, Navkar Corporation, Chennai Petroleum Corporation, Mangalore Refinery and Petrochemicals, Texmaco Rail and Engineering, Bajaj Hindusthan Sugar, Cupid, Borosil Renewables, DCM Shriram Industries, Apcotex Industries and Minda Corporation, DCM-DCM, Apcotex Indusution and Minuman Borosil, DCM Shriram, Apcotex Indususi and Minowa Borosil, DCM Shriram, Apcotex Indususi and Minowa Corporeborate22 percent.
Among these sectors, good information technology lost 5.6 percent and a good media index fell 4 percent. The PSU Bank is good and the nifty bank index -masing loses almost 4 percent. However, the Nifty car index added a 3 percent energy index, energy and nifty oil up to 2.4 percent respectively.
At BSE Sensex, Reliance Industries added the most market value, followed by Maruti Suzuki India, Paint Asia and Mahindra and Mahindra last week. On the other hand, infosys, HDFC Bank and Housing Development Finance Corporation added most of their market value. (Disclations: MoneyControl is part of the network18 group. The network18 is controlled by Independent Media Trust, the reliance industries are the only beneficiaries.)
Overseas Institution Investors (FII) sell equity worth Rs 18.443.81 Crore, while domestic institutional investors (DIIS) buy equity worth Rs 14,394.37 Crore. In April, so far FII sells equity worth Rs 29,206.19 Crore, while Diis bought equity worth Rs 20,166.48 Crore.
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