For the second successive week, Indian stock markets gained helped by lower than expected inflation numbers, encouraging worldwide signals and heavy buying action by funds.
The Sensex breached the mark of 15k during the week ended July 25, on the back of positive response.
The BSE Sensex marked its closure on a strong note on Wednesday (July 23), as the political doubt over N-deal came to an end after the UPA government won the trust vote of confidence on Tuesday (July 22).
Heavy buying action was seen in banking, capital goods, realty, and power stocks.
The Sensex closed the day on a firm note at 14,942.28, up 838.08 points. It also touched a high of 14,979.90 and a low of 14,568.22 during the day.
The BSE Sensex made a late surge during the day (July 21) by profiting more than 200 points at close. The market was trading on a strong note amidst volatility.
Indian equities, expanding the dream rally of Friday, opened positively following firm worldwide cues. But the stock market was not capable of holding its head high in positive zone and shortly slipped into the negative terrain on concern of continuing political havoc in the country.
Indian stock markets went up further over the week ended July 18, helped by lower than expected inflation numbers together with falling crude oil prices.
The market remained volatile during the week ended July 18. It made the majority of profits on Friday after the declaration of inflation figures.
Indian stock markets ended the day on a positive note on Thursday (July 17) due to encouraging global cues and heavy drop in crude prices. Heavy buying was seen across board.
The market made a smart recovery by annihilating all its losses from last four consecutive days. Banking, realty, auto, power, IT, oil stocks were the major contributors.
Midcap and Smallcap index gained 1.32% and 0.99% respectively.