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Sensex up 77.05 pts during week ended on Feb 8
Economy

Sensex up 77.05 pts during week ended on Feb 8

Agency News

Mumbai, Feb 9 : The benchmark index of Bombay Stock Exchange (BSE) rose by 77.05 points at 36,546.48 during the week ended on Friday.

The Nifty of National Stock Exchange (NSE) too moved up by 49.95 points at 10,943.60.

Small and mid-cap stocks dropped sharply.

The BSE Mid-Cap index fell 312.57 points or 2.13 pc at 14,328.81. The BSE Small-Cap index fell 293.70 points or 2.11 pc at 13,656.75.

On Monday, the sensex registered modest gains, supported by firmness in index pivotals Reliance Industries, TCS and HDFC. The barometer index, the S&P BSE Sensex, rose by 113.31 points to 36,582.74. The Nifty 50 index rose 18.60 points at 10,912.25.

On Tuesday, it further gained by 34.07 points at 36,616.81. The Nifty 50 index rose by 22.10 points at 10,934.35.

On Wednesday the Sensex surged by 358.42 points at 36,975.23. The Nifty 50 index rose 128.10 points or 1.17 pc at 11,062.45 led by gains in Reliance Industries, ICICI Bank and Infosys.

The Sensex ended below the psychologically important 37,000 mark after crossing that level in late trade.

The Nifty settled above the psychologically important 11,000 mark after crossing that level in early trade.

A divergent trend was witnessed as the barometer index, the S&P BSE Sensex, settled a tad lower while the Nifty 50 index registered minor gains on Thursday as the Sensex ended a tad below 37,000 mark after opening above that level. The barometer index, the S&P BSE Sensex, fell 4.14 points or 0.01 pc to settle at 36,971.09.

The Nifty 50 index rose 6.95 points or 0.06% to settle at 11,069.40.

The market ended with steep losses amid broad based selling pressure on Friday as the Sensex fell 424.61 points or 1.15 pc to settle at 36,546.48 and the Nifty slid by 125.80 points at 10,943.60following negative leads from Asian markets and overnight slide on the Wall Street spoiled investors sentiment.(UNI)