Stock Market This Week, BSE Sensex loses 96 pts, Nifty fell 26 pts

Heavy profit booking at the fag-end of the week pulled down the S&P BSE benchmark Sensex by 96 points to close at 29,182.95 and CNX Nifty by 27 points to end at 8,808.90 points from their all-time high of 29,844.16 and 8,996.60 respectively.

Trading for the week started on a strong note, but the trend reversed on the last trading session of the week when large caps declined sharply. Volatile was high as traders rolled over positions in the futures and options (F&O) segment from the January 2015 series to February 2015 series.

The January 2015 derivatives contracts expired on Thursday. The S&P BSE Sensex fell by 95.89 points or 0.33 per cent to 29,182.95 points. The index hit a record high of 29,844.16 points intraday trade during the week.

The 50-unit CNX Nifty also fell by 26.70 points or 0.30 per cent to 8,808.90 points after hitting all-time intraday high of 8,996.60. However, the S&P BSE Mid-Cap index rose 42.92 points or 0.40 per cent to 10,738.59 while S&P BSE Small-Cap index fell 36.68 points or 0.32 per cent to 11,329.26. The stock market was closed on Monday, 26 January 2015, for Republic Day. Index heavyweights led rally in key benchmark indices on the first trading session of the week on Tuesday.