New Delhi. On a weekly basis, NSE Nifty fell 50.35 points or 0.20 percent to 24,964.25 and BSE Sensex fell 307.09 points or 0.38 percent to 81,381.36. On NSE, 1287 shares were on green mark and 1214 shares were on red mark. At the same time, 2042 shares were in green and 1677 shares were in red on BSE. In the past trading week, some important events related to the economy, industry and some specific companies influenced the sentiment on D-Street to a great extent. Apart from this, mixed outlook on US Fed rate cut, concerns over second quarter results and ongoing geopolitical tensions were also seen. BSE Industrial was the biggest gainer of 2.05 per cent or 313.02 points and BSE Metal witnessed the biggest decline of 1.84 per cent or 629.85 points. During the last trading week, sectors like IT, Telecom, Auto, Cap Goods, Power, Healthcare were trading in the green. Whereas, BSE Commodities, Energy, Utilities, FMCG, Metal, Oil and Gas sectors remained in loss.
Last week, Nifty Farma saw the maximum rise of 2.11 percent on NSE and the maximum fall of 2.05 percent was seen in Nifty FMCG. During the last trading week, Nifty Metal, PSU Bank, Fin Service, FMCG, Metal, Energy, Oil & Gas, Bank remained in the red. At the same time, Nifty IT, Auto, Media, Pharma, Healthcare, Realty sectors remained on the green mark. India’s benchmark equity indices closed down for the second consecutive week on the last trading day, with Titan Company and Tata Steel Limited being the biggest losers on a weekly basis. The index declined on the last trading day due to losses in banks and Tata Consultancy Services Limited. On the last trading day, Sensex fell 0.22 percent or 176.01 points to close at 81435.40 and Nifty fell 0.10 percent or 24.15 points to close at 24974.3.