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Sensex rallied by 467.78 pts during week
Economy

Sensex rallied by 467.78 pts during week

Agency News

Mumbai, May 18: The BSE Sensex surged by 467.78 points or 1.25 pc at 37,930.77, with modest gains on buying demand in index pivotals, a two-week-high in the week ended on Friday.

The Nifty 50 index rose by 128.25 points or 1.14 pc at 11,407.15,. The BSE Mid-Cap index fell 81.40 points or 0.57 pc to settle at 14,308.36. The BSE Small-Cap index fell 218.59 points or 1.55 pc to settle at 13,887.14.

Key indices dropped sharply on first trading day of the week on Monday on negative global stocks. The barometer index, the S&P BSE Sensex lost by 372.17 points to 37,090.82. The Nifty 50 index fell 130.70 points to 11,148.20. Investors were concerned about global economic growth after trade negotiations between the US and China appeared at a deadlock.

Domestic stocks ended with modest gains on Tuesday, 14 May 2019, snapping a nine-day losing streak. The barometer index, the S&P BSE Sensex, rose 227.71 points or 0.61 pc to 37,318.53. The Nifty 50 index rose 73.85 points or 0.66% to 11,222.05. On Wednesday, the equity market dropped in late trade after hovering in positive terrain for most part of the session. Investors continued to be plagued by doubts surrounding slowing global growth and US-China
trade relations. The barometer index, the S&P BSE Sensex, fell 203.65 points or 0.55 pc to 37,114.88. The Nifty 50 index fell 65.05 points or 0.58% to 11,157.
Domestic stocks ended with modest gains, supported by firmness in index pivotals on Thursday as Sensex, rose 278.60 points or 0.75 pc to 37,393.48. The Nifty 50 index rose 100.10 points or 0.90 pc to 11,257.10.

The market ended with sharp gains on Friday supported by strength in private banks and auto shares. The Sensex rose 537.29 points or 1.44 pc to settle at 37,930.77. The Nifty 50 index rose 150.05 points or
1.33 pc to settle at 11,407.15. (UNI)