Indian equities welcomed the new year (2009) on a bullish note. Midcap and Smallcaps showed upbeat reaction all through the week.
The 30 share index, Sensex gained 629.3 points to 9,958.22 during the week, which ended on January 02, 2009. In contrast, the broad based NSE Nifty made 189.5 points to 3,046.75 during the same period.
During the week, Mid-cap stocks recorded 284.5 points to 3,391.18, while Smallcap shares zoomed 321.91 points to 3,870.45.
After opening the day positively, the 30-share index Sensex continued its positive run on the back of heavy buying activity witnessed in frontline stocks.
Metals, consumer goods and realty stocks gained ground.
All sectoral indices went up, while BSE Midcap and Smallcap index gained 1.61% and 1.66% respectively.
Today, the BSE Sensex started the day at 9,806.64, up 90.48 points, as against its previous closure in which it gained 182.64 points at 9716.16.
Indian stock markets continue to represent a weak outlook ahead of F&O expiry.
Huge selling action was witnessed across all sectors except BSE Bankex and PSU.
The 30-share-index BSE Sensex, today (Dec 24), belled the day negatively at 9,626.07, down 60.68 points, as against a drop of 2.43% on the previous working day.
BSE Midcap and Smallcap were also trading in negative terrain after losing 0.83% and 0.91% respectively.
Indian equities opened weak today, (Dec 23), following disappointing worldwide shores prior to December F&O expiry.
Auto, consumer goods and metal stocks traded flat.
BSE Midcap and Smallcap index fell 0.35% and 0.20% respectively.
Asian stocks also dropped down as a smaller-than-forecast interest rate cut in China and an economic growth report in New Zealand fanned worries that a global recession is becoming deeper.
The 30 share index, Sensex gained 409.84 points in the week ended Dec 19, 2008, while the broad based NSE Nifty surged 156.15 points during the same period.
On Monday, the benchmark index Sensex started the week strongly following worldwide signals and saw volatility all through the day. Realty and metal sectors were the major performers.