The Indian benchmark indices snapped two-week gaining streak in the volatile week ended on July 4 as investors remained cautious ahead of the impending US tariff deadline.
2/9
For the week, the BSE Sensex index shed 626.01 points or 0.74 percent to close at 83,432.89, and Nifty50 fell 176.8 points or 0.68 percent to end at 25,461.
3/9
The BSE Small-cap index rose 1 percent with Gabriel India, Sindhu Trade Links, PC Jeweller, SML Isuzu, Nacl Industries, Heranba Industries, Prime Focus, Signpost India rising 20-42 percent. On the other hand, Sadhana Nitrochem, Sigachi Industries, Dreamfolks Services, Nuvama Wealth Management, Sammaan Capital, Jindal Worldwide, Narayana Hrudayalaya fell between 11-22 percent.
4/9
BSE Mid-cap Index added 0.6 percent supported led by Laurus Labs, Relaxo Footwears, IDFC First Bank, Kalyan Jewellers India, Biocon, Glenmark Pharma, Ipca Laboratories, Ajanta Pharma, Endurance Technologies, GMR Airports, Aurobindo Pharma, Balkrishna Industries. However, losers included Coromandel International, Brainbees Solutions, Godrej Industries, Go Digit General Insurance, FSN E-Commerce Ventures (Nykaa).
5/9
The BSE Large-cap Index shed 0.6 percent. Losers included Trent, SBI Cards & Payment Services, Cholamandalam Investment and Finance Company, Hyundai Motor India, Swiggy, United Spirits. However, gainers were Bosch, Mankind Pharma, Punjab National Bank, Indian Overseas Bank, Bharat Petroleum Corporation, Divis Laboratories, Siemens.
6/9
During the week, Trent lost the most in terms of market value, followed by HDFC Bank, Kotak Mahindra Bank, Axis Bank. On the other hand, Reliance Industries, Infosys, Bharat Electronics added the most of their market-cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the soles beneficiary.)
7/9
On the sectoral, Nifty Realty index shed 2 percent, Nifty Bank index shed 0.7 percent, Nifty FMCG index fell 0.7 percent, while Nifty Pharma, Nifty PSU Bank indices added 2 percent each, Nifty IT and Media indices jumped nearly 1 percent each.
8/9
The Foreign Institutional Investors (FIIs) broke two-week buying streak as they sold equities worth Rs 6,604.56 crore. On the other hand, Domestic Institutional Investors (DII) continued their buying in 11th consecutive week as they purchased equities worth Rs 7,609.42 crore.
9/9
The Indian rupee extended the gain in the second week as domestic currency ended marginally higher at 85.39 per dollar on July 4 against the June 27 closing of 85.49.
