Market this week: The Indian equity market continued to lead for the second consecutive week in the week ended February 7, amidst the uncertain tariff policies of US President Trump, mixed corporate income and 25 basis points expected by RBI. The Sensex closed at 77,860.19 with a gain of 354.23 points, or 0.45 per cent, at 77,860.19 in the week ended February 7. At the same time, the Nifty closed at 23,559.95 with a gain of 77.8 points, or 0.33 per cent.
Last week, BSE’s Lajcap index closed with a gain of 0.3 per cent. Divis Laboratories, Cholamandalam Investment, Jindal Steel & Power, Indusind Bank, Bajaj Finance, Adani Ports, Shriram Finance, JSW Steel 5-9 percent. While Trent, Godrej Consumer Products, ITC, Marico, Avenue Supermarts, Britannia Industries, Hindustan Unilever, Indian Railway Finance Corporation saw a decline of 5-11 percent.
The BSE midcap index closed with a gain of 0.4 per cent. Castrol India, Abbott India, Glaxosmithkline Pharmaceuticals, One 97 Communications. Laurus Labs, Bharti Hexacom, Supreme Industries, Glenmark Pharma, Lupin closed with a gain of 7-18 percent. On the other hand, thermax, Solar Industries India, Colgate Palmolive (India), Rail Vikas Nigam, Emami, Tube Investments of India, United Breweries, Page Industries, Suzlon Energy were dropped by 7-12 percent.
Last week, BSE’s smallcap index closed flat. Aarti Pharmalabs, Aegis Logistics, Prudent Corporate Advisory Services, Eris Lifescienes, Vimta Labs, Reliance Infrastructure, OND TECHNOLOGIES, NGL Fine Chem, Gulf Oil Lubrican There was an increase of 6 percent.
On the other hand, Vakrangee, Vishnu Prakash R Pungglia, Exicom Tele-Systems, Sterling Tools, Thomas Cook (India), BEML, Divgi Torqtransfer Systems, DB Corp, Kaynes Technology, 12 2 percent decline was seen .
If you look at the sectoral front, the FMCG index of BSE broke more than 5 percent. At the same time, BSE Realty Index closed with 3.5 percent, BSE Capital Goods Index 2.4 percent, BSE power index closed with a decline of 2 percent. However, BSE’s healthcare index closed with 3 per cent, Metal index 3 per cent, BSE IT index 2 per cent.
In terms of market value, the market cap of HDFC Bank saw the biggest lead. After that Bharti Airtel, Bajaj Finance, was the number of Infosys. On the other hand, the market cap of ITC, Hindustan Unilever, State Bank of India saw a decline.
In the week ended February 7, the FII sold Rs 8852.31 crore in the Indian market. While DII purchased Rs 6449.67 crore.
Last week, the Indian rupee reached a new record low of 87.59. On 7 February, the rupee weakened 81 paise against the dollar and closed at Rs 87.42. On January 31, the rupee closed at 86.61 against the dollar.