Business News This Week
The BSE Sensex opened higher at 27,655.79 points and hovered in a wide range of28,298.34 points and 27,624.76 points before concluding at 28,260.14 points . This week, the Sensex recovered 801.50 points, or 2.92 per cent. In last three weeks, it shed 1,990.31 points or 6.76 per cent.
The NSE Nifty, 50-share, also rose by 244.85 points, or 2.94 per cent this week, to close at 8,586.25 points. In last three weeks, it dropped by 596.35 points, or 6.67 per cent. Meanwhile, Foreign Portfolio Investors (FPIs) bought shares worth Rs.487.73 crore, according to SEBI data .
It was speculated that this week the stock markets in India would be in choppy and more volatile. But, thanks to the positive global cues and fall in the global crude prices, those lifted the market sentiments this week. Fresh buying in the equity market seen throughout the week and major indices were ended in positive note.
The total turnover at Bombay Stock Exchange and National Stock Exchange dropped further to Rs 8,235.174 crore and Rs 47,640.57 crore, respectively. The stock markets were remained closed on April 2 and 3 for Mahavir Jayanti and Good Friday this week.
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