Friday, 4 December 2015

Weekly Review: Sensex, Nifty fall nearly 2% on weak rupee, US rate hike concerns -- 5 Dec 2015

 This week, Sensex and Nifty slid 490.09 points and 160.80 points to 25,638.11 and 7,781.90 on December 4 from 26,128.20 and 7,942.70 on November 27, respectively.

The BSE Bankex tumbled the most — 2.68 per cent at 19,325.36 on December 4 from 19,857.73 on November 27, it was followed by BSE Auto index (down 2.12 per cent at 18,480.13), BSE Consumer Durables index (down 1.83 per cent to 12,112.48) and BSE TECk (down 1.66 per cent at 5,810.54). On the other hand, BSE Metal index, BSE Healthcare index and BSE Realty index gained 1.91 per cent, 0.85 per cent and 0.35 per cent, respectively, during the period.

During the week, Tata Steel (up 4.02 per cent), Dr Reddy’s Labs (up 2.97 per cent), Sun Pharma (up 2.03 per cent), IndusInd Bank (up 2.03 per cent) and Hindalco Industries (up 2.03 per cent) jumped the most in the Nifty pack.
Share price of Punjab National Bank, Bank of Baroda and Bharti Airtel slid 6.93 per cent, 6.44 per cent and 5.84 per cent, respectively, during the week.

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