Indian rupee ended lower versus the US dollar, as it lost 10 paise to finish at 83.37 in the week ended November 20 against November 17 closing of 83.27.
The Indian benchmark indices ended marginally higher and also extended the winning streak in the fourth consecutive week ended November 24 on the back of extended buying from FIIs, falling crude oil prices and bond yield and the possibility of no rate hike by the US Fed going ahead.
In this week, BSE Sensex gained 0.26 percent or 175.31 points to end at 65,970.04, while Nifty50 rose 62.9 points or 0.31 percent to close at 19,794.7.
BSE Mid-cap Index gained 0.7 percent led by New India Assurance Company, CG Power and Industrial Solutions, Tube Investments of India, SJVN, Gland Pharma and Bharat Heavy Electricals. Losers included Vodafone Idea, Solar Industries India, Rajesh Exports, Indian Bank and Oil India.
The BSE Small-cap index added 0.5 percent with Talbros Automotive Components, Man Infraconstruction, 3i Infotech, Sequent Scientific, Syncom Formulations, Rattanindia Enterprises, 63 Moons Technologies, Prataap Snacks, Summit Securities, Nahar Spinning Mills and Goldiam International adding more than 20 percent. On the other hand, Apollo Micro Systems, SEPC, Repco Home Finance, RattanIndia Power, Spandana Sphoorty Financial, Rategain Travel Technologies, Reliance Power and Jindal Saw lost 8-14 percent.
The BSE Large-cap Index ended flat. Gainers included Life Insurance Corporation of India, Adani Wilmar, Hero MotoCorp, Hindustan Aeronautics, Bajaj Auto Bharat Petroleum Corporation, while losers were Zomato, Info Edge India, Cipla, Bharat Electronics and Oil and Natural Gas Corporation.
In terms of market value, Reliance Industries added the most in terms of market value, followed by HDFC Bank, Bharti Airtel and Titan Company. On the other hand, Tata Consultancy Services, Bajaj Finance and Larsen & Toubro lost most of their market-cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)
Among sectors, Nifty Realty index rose 1.5 percent, Nifty Metal, Nifty Oil & Gas, Pharma indices up 1 percent each. On the other hand, Nifty PSU Bank index down 1.7 percent and Nifty Information Technology index down 0.4 percent.
Domestic institutional investors (DIIs) continued their buying as they bought equities worth Rs 2,112.38 crore in this week, on the other hand Foreign institutional investors (FIIs) also bought equities worth of Rs 1,472.87 crore. In the month of November so far, FIIs sold equities worth Rs 5,101.72 crore, while DIIs bought equities worth Rs 9,814.84 crore.
Indian rupee ended lower versus the US dollar, as it lost 10 paise to finish at 83.37 in the week ended November 20 against November 17 closing of 83.27.
Rakesh Patil
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