Sensex, Nifty End Week On A Dull Note
Indian bourses ended the week on a lusterless note on Friday (Jan 21).
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which belled the day at 19,007.08, shut the week after losing 39.01 points at 19,007.53 as against its last closure at 19,046.54.
In contrast, the 50-scrip S&P CNX Nifty ended the week at 5,696.5, down 15.1 points (0.26%).
The BSE midcap index shut the shop after shedding 0.22%, whereas the BSE smallcap index closed 0.46% up.
The scrips from IT, FMCG and telecom remained weak, whereas energy, banking and power stocks recorded gains.
The major gainers on the Sensex comprised Rel Infra, which surged 2.81%; SBI, gained 2.49%; RCom grew by 2.14%; and BHEL remained up by 1.75%.
The major losers list comprised Wipro, which dropped 4.59%; ONGC slipped 2.57%; ITC fell 1.63%; and DLF was down by 1.56%.
As per market regulator SEBI, FIIs sold stocks worth $183.03 million on the last trading session of this week.
Other Asian bourses ended the week on a negative note following fears that China would declare more monetary plan tightening steps weighing on traders' minds.
Hong Kong's Hang Seng declined 0.53% to shut the shop at 23,876.86, whereas the Japanese Nikkei ended 1.56% lower at 10,274.52.
But, the Chinese Shanghai Composite index remained up by 1.41% to end at 2,715.29.
Key indices of European bourses were trading up around mid-day, however, investors remained doubtful of the profits being rectifiable as the earnings report from major US firms were projected to come in lower.
Around noon, the German DAX gained 0.62% at 7,067.48, whilst the French CAC 40 surged 1.1% at 4,008.34.