Market ends week with modest gains; Sensex rises 0.04% |
The 'Weekly Market Wrap' for October
19, 2012
|
This was the forty second trading week of 2012 for the Indian markets
which closed with marginal gains owing to mixed cues. Global cues were
encouraging as the euro zone debt worries eased after Moody's Investors Service
retained Spain's sovereign-debt rating at investment grade. The political
worries in India, kept gains in check while corporate numbers announced by
major Sensex stocks also affected the market direction. Key benchmark indices
gained in three out of five trading sessions.
The BSE Mid-Cap index underperformed the Sensex, falling 0.08% while the BSE Small Cap index outperformed the Sensex, rising 0.84%.
The BSE Sensex rose 7.13 points or 0.04% to 18,682.31 in the week ended on Friday, (October 19, 2012) while NSE Nifty rose 8.20 points or 0.14% to settle at 5,684.25.
The BSE Mid-Cap index underperformed the Sensex, falling 0.08% while the BSE Small Cap index outperformed the Sensex, rising 0.84%.
The BSE Sensex rose 7.13 points or 0.04% to 18,682.31 in the week ended on Friday, (October 19, 2012) while NSE Nifty rose 8.20 points or 0.14% to settle at 5,684.25.
RAZI ANWAR
PGDM 2nd year
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