BSE Sensex gains 377 points, Nifty 144 points This Week

BSE Sensex benchmark overcame the two week losing streak by regaining the key psychological level of 29,000 points and Nifty reaching the crucial 8,800 level to the end the week on a high. The week saw the market overcoming the volatility that emanated due to the BJP defeat in key Delhi assembly election, sustained foreign capital outflows, dismal corporate earnings results besides global uncertainty over Greek, debt crisis as well as Russia-Ukraine skirmishes.

Discontinuing the AAP-win the coveted Delhi election result, investors centered on the forthcoming Budget session which is the ruling BJP’s first full-year financial plan amid expectations of further acceleration in economic reforms lifting up the market sentiment. The slowdown in December industrial output ((IIP) growth by 1.7 per cent and surge in January Consumer Price Index (CPI) inflation though well within RBI’s range led to prospects of interest rate cut by the apex bank. Banking sector regained confidence as the country’s largest public sector lender SBI reported over 30 percent jump in its third quarter results.

The Sensex opened lower at 28,566.50 points and hovered around a high of 29,154.67 points and low of 28,044.49 points before settling at 29,094.93 during the week. The Sensex gained 377.02 points or 1.31 per cent and Nifty surged 144.45 points of 1.67 per cent to end at 8,805.50 points this week. The week saw buying in sectors led by Healthcare, power, banking, auto, FMCG, Metal, IT and capital goods.

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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.

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This Week: Sensex at 29,000, gains 4.11% and NIifty @ 8, 800, gains 3.78%

The BSE Sensex and the NSE Nifty continued the bull-run during the week and ended above 29,000 mark and 8,800 level respectively also marking the all-time highs for both indices on sustained capital inflows amid positive global sentiments.

Positive investor sentiments over Indian stocks saw the foreign participants liberally buying out shares. Even glitches because due to Chinese market slump amid authorities curbing speculative lending, were sidelined as domestic market garnered whopping 1,156.45 points during the week.

The week saw sentiments getting bolstered by IMF’s projection about Indian Economy growth rate till 2016. Also, stellar corporate earning and government budget date announcement leading to hope of more reforms coupled with European Central Bank (ECB) higher than expected stimulus announcement of 60 billion Euro a month led to massive rally across the globe. ECBs stimulus announcement is dynamic for emerging India as it may result additional fund flows.

The benchmark S&P BSE Sensex rallied to a life time intra-day high of 29,408.73 before settling at record of 29,278.34, gaining 1,156.45 points or 4.11 per cent over the preceding weekend close.

The NSE Nifty surged 8,866.40 mark for the first time and ended new mile stone at 8,835.60, gaining 321.80 points or 3.78 per cent.

Barring FMCG segment, healthy buying was witnessed in sectors of Capital Goods, Metal, banks, Healthcare, Auto, Consumer Durable, realty, IT and Oil & Gas.

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Stock Markets This Week: Sensex gains 2.37%

Stock Markets This Week: Sensex gains 2.37%

Stock markets this week  (Dec 26 - January 2, 2015) gained 2.37 per cent on hopes of much-awaited sectoral reforms and encouraging manufacturing output data for December by HSBC Manufacturing Purchasing Managers’ Index (PMI).

The benchmark BSE Sensex settled at a four week high while NSE Nifty surged to near 8,400 points this week.

The political uncertainty in Greece and New Year eve holidays in Asian stock markets moderated the equity market in India two days in this week.


The sentiment of investors was high as speculations were buzzing around for the much awaited banking reforms by the government. As expected, the government came out with some major decisions over the banking.

This week, the government has also announced to replace the 65 year old Planning Commission with NITI Aayog. This said to be major reform indication from the government of India. 

This week, the government appointed CEO & MD for four nationalized banks snapping the tradition as followed earlier. Under this the government has separated the role of Chairman for the banks. And moreover, the government may give autonomous to banks.

The HSBC Manufacturing Purchasing Managers’ Index (PMI) for December provided a major push to stock markets on the last trading day of the week.

The BSE Sensex resumed the week higher at 27,247.78 points on December 26. It moved to 27,395.73 points on December 29, 2014 - 27,403.54 points on December 30 – 27,499.42 points on December 31 – 27,507.54 on January 1, 2015 and on January 2, it surged to 27,887.90 points.

The Sensex gained 646.12 points or 2.37 per cent in the week.

The wide-based 50-issue CNX Nifty of the NSE traded between 8,410and 8,214before ending the week at 8,395.45 points, at net gain of 194.75 points or 2.37 per cent in the week.

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Market This Week: Sensex down 0.88, Nifty down 0.74

Markets this week : This week (Feb 17 to Feb 23) was dull, no big profit for the investors major stocks clocked down and there were no big global cues to boost the market.

This week, the Nifty was down 0.74 percent, BSE Sensex was down by 0.88 per cent, the Midcap was down by 0.3 per cent.

But the Smallcap went up by 0.5 per cent this week.

In the BSE 500 index, the gainer was Kingfisher which gained around 23 per cent in the week, while the Jet Airways was the loser.

This week’s Nifty gainers were DLF(13.2%), ACC (3.4%), Wipro(4.4%) and Ambuja ( 3.2%)

And Nifty losers of the week were JPC (7.1%), Coal India (4%) and Tata Motors (3.8%),.

In the sectoral indices, the FMCG, Bankex were seen dull in the week.

On Friday, the BSE Sensex was down by 0.04%, closed at 19,317 points. Nifty was closed at 5,850.30 points, down by 1.95 (0.03%) , due to heavy selling at both the markets.

The markets were flat since the beginning, there were bit up after lunch session.

Next week there could more active movement in the stock market as the government will present its union budget for 2013-14 on Feb 28.

Budget updates:

People having income of 20 lakh rupees or more may need to pay more income tax as the government may levy 2 to 5 per cent of surcharge on the income tax, according to media reports. The surcharge on superlative group was scrapped in 2009-10 union budgets.

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