This week markets traded for four days only on the account of Holi indices declared the holiday on Thursday. Markets may be operated in positive sentiment because of surveys said that again the ruling party may occupy the largest position in the both houses. Rupee appreciation, banking and pharma shares purchases by investors and FIIs inflows may continuation which may add to the above.
On Monday: Indian benchmark indices started the week first day with green because of Foreign investment inflows steadily and the trade deficit has been decreased in the last month boosted the market sentiment. S&P Sensex and Nifty 50 gained 71 and 35 points respectively.
Nifty 50: Open:11473.85, High:11530.15, Low:11412.50, Close:11462.20
S&P Sensex: Open: 38132.96, High:38369.59, Low:37952.10, Close:38095.07
On Tuesday: Markets move on to the front on 7th day too with the profits because of giant stocks ITC, RIL, and Infosys are supported the indices with investor purchases and positive sentiment. Indices are in green even rupee is depreciated for the day. S&P Sensex and Nifty 50 gained 268 and 70 points respectively
Nifty 50: Open:11500.30, High:11543.85, Low:11451.25, Close:11532.40
S&P Sensex: Open: 38218.59, High:38396.06, Low:38078.23, Close:38363.47
On Wednesday: Indices are traded under pressures with heavy fluctuation throughout the day and S&P Sensex painted with green and Nifty 50 with red. Because of FIIs inflows Infosys, HDFC, and L&T shares are supported the indices to close day safe. Rupee appreciation joined for the positiveness. S&P Sensex gained 23 points and Nifty 50 lost 11 points.
Nifty 50: Open:11553.35, High:11556.1, Low:11503.10, Close:11521.05
S&P Sensex: Open: 38433.86, High:38489.81, Low:38316.21, Close:38386.75
On Thursday: Holiday on the account of Holi
On Friday: Indian benchmark indices concluded the week with red due to all other sectoral indices ended in red except infra. Bank, auto, energy, pharma, metal and IT stocks are traded under pressure and rioted with sales. Rupee and crude oil fluctuation added to the above. S&P Sensex and Nifty 50 lost 222 and 64 points respectively.
Nifty 50: Open:11545.20, High:11571.30, Low:11434.70, Close:11456.90
S&P Sensex: Open: 38452.47, High:38564.71, Low:38089.36, Close:38164.61
