Chennai Bulletin

Chennai Bulletin
5 அட்டவணையில் வாரம்: எஃப்ஐஐ வாங்குதல், வருவாய் சென்செக்ஸை உயர்த்துகிறது, நிஃப்டி 3%; ரூபாய் முடிவடைகிறது –


Last Updated : Oct 19, 2019 12:44 PM IST | Source:

On a weekly basis, the Rupee ended lower by 12 paise at 71.14 on October 18 against the October 11 closing of 71.02.

The benchmark indices posted more than 3 percent gain in the week ended October 18 on the back of continued buying from Foreign institutional investors (FIIs), earrings from India Inc. and some positive news on global front.

The Sensex regained the 39,000 mark, while Nifty also comfortably ended above 11,600 mark.

“We may see some consolidation in Nifty after the recent surge while movement on the specific stocks would continue. In the absence of any major event, global cues and earnings will continue to dictate the market trend,” said Ajit Mishra Vice President, Research, Religare Broking.

India’s retail inflation in September grew 3.99 percent against 3.21 percent in August 2019, while India’s August Index of Industrial Production (IIP) stood at -1.1 percent versus 4.6 percent, month-on-month (MoM).

On the global front, progress in the US-China trade talks and a step ahead for the Brexit deal between the UK and EU also added fuel in the rally.

FII remained net buyers in the last week as they bought equities worth Rs 3213.17 crore, while Domestic Institutional Investors (DII) also bought equities worth of Rs 2184.81 crore.

Last week, the Sensex rose 1,171.3 points (up by 3.07 percent) to end at 39,298.38, while Nifty added 356.8 points (up by 3.15 percent) ended at 11,661.85.

On a weekly basis, the Rupee ended lower by 12 paise at 71.14 on October 18 against the October 11 closing of 71.02.

The S&P BSE Mid-cap index gained 4.64 percent, S&P BSE Large-cap index rose 3.49 percent and the Small-cap Index was up 2.78 percent last week.




On the BSE, Reliance Industries added the most in terms of market value, followed by TCS and HUL. On the other, Infosys lost the most in terms of market value.


The Nifty Auto index outperformed the sectoral indices with a gain of 7.67 percent during the week.


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First Published on Oct 19, 2019 10:33 am