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WEEKLY EQUITY REVIEW: NIFTY FIFTY WITNESSED A GAIN OF 0.55% IN THIS WEEK

Last week, Nifty fifty reported a loss of 0.83%,During this Week, Nifty fifty closed with positive notes and reported a gain of 0.55%. It touched a high of 11,907.80 and low of 11,664.88 in this week. Market settled with negative notes on Monday due to weak global cues, geopolitical concerns and rise in crude oil prices. Market ended with positive notes on Tuesday because of positive global cues along with stability in crude oil Prices. Nifty ended in green on Wednesday ahead of June derivative expiry. Market ended with slight negative notes on Thursday due to F&O expiry and correction in European indices. Market ended with negative notes on Friday amid caution ahead of the G-20 meet outcome and sub-par rainfall for four consecutive weeks. Among Sectorial Indexes, Realty, Pharma, Metal, Bank, Auto, Energy, FMCG Indexes were in the gainer side with a gain of 3.88%, 1.94%, 1.71%, 1.56%, 0.76%,0.59%, 0.42% respectively while IT, Media Indexes were the losers with a loss of 1.56%, 0.40% respectively.



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