During the week, 290 stocks in the BSE 500 earned investors. Whereas in 15 stocks, investors’ money increased by more than 10 percent.
Market gains for the fourth consecutive week
The trend of growth in the stock market continues. And this week has been the fourth week when the market has closed with an edge. In the week ended August 12, the stock market has seen a rise of about 2 percent. stock market this week Strength in foreign markets and positive signals from the domestic front have been the main reasons for the uptrend. At present, once again foreign investors have started buying in the stock market. Due to which the market remains in edge. This week, 290 stocks included in the BSE 500 have closed in the green.
how was business this week
This week the Sensex has closed with a gain of 1075 points or 1.84 percent. On the other hand, Nifty has gained 301 points and the index has increased by 1.72 percent in the week. The BSE Large Cap Index has gained 2 percent, the Midcap index has gained 1 percent and the Smallcap Index has gained one percent. During the week, the BSE Metal Index has gained 5 per cent, the Capital Goods Index has gained 4 per cent and the Power Sector has gained 3.6 per cent. The FMCG index is down 1 percent. During the week, buying by foreign investors continued with FIIs buying equity worth Rs 7850 crore. On the other hand, domestic investors have sold equities worth about Rs 2500 crore. So far in August, foreign investors have bought about 15 thousand crore rupees in the market. Whereas domestic investors have sold Rs 4243 crore.
Where did investors earn
During the week, 290 stocks in the BSE 500 earned investors. At the same time, investors’ money increased by more than 10 percent in 15 stocks. At the same time, there was a loss of more than 10 percent in only 2 stocks. BEML grew by 24 percent, IGL by 22 percent, Tata Chemicals by 18 percent during the week. On the other hand, Wonderla Holidays, Forbes Gokak, Camcon Specialty Chemicals, BEML, Capsite Infraprojects, Gayatri Projects have gained more than 20 percent in small caps.