Weekly NSE top gainers and losers | market news
Weekly NSE top gainers and losers, Sensex and Nifty gained more than 3%
Weekly top gainers and losers & market news: Indian equity markets gained on the truncated week and closed in a strong note. The benchmark equity indices Sensex gained 1308.39 points or 3.5% and at 38697.05 while Nifty closed higher by 366.7 points or 3.30% at 11416.95 levels. The Bank Nifty on spot levels gained 1263.65 points or 6.02% and ended at 22246.
The Nifty midcap and smallcap 100 indices also gained on a weekly basis. The Nifty midcap 100 gained 621 points or 3.63% and closed at 17125. The smallcap index gained 206.2 points or 3.62% and closed at 5861.15 levels.
Weekly NSE top gainers and losers
| Weekly NSE Nifty Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| IndusInd Bank | 592.20 | 514.85 | 15.20 |
| Bajaj Finance | 3442.80 | 3138.95 | 9.68 |
| Shree Cement | 20611.00 | 19008.45 | 8.42 |
| HDFC | 1790.65 | 1652.00 | 8.39 |
| Adani Ports | 353.30 | 326.15 | 8.32 |
| Weekly NSE Nifty Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| BPCL | 353.30 | 375.75 | 5.97 |
| HCL Tech | 812.95 | 827.70 | 1.78 |
| Bharti Airtel | 432.35 | 439.65 | 1.66 |
| HDFC Life | 569.20 | 577.50 | 1.44 |
| Wipro | 313.05 | 313.90 | 0.27 |
Weekly midcap & smallcap top gainers and losers
| Weekly NSE Nifty Midcap 100 Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Indiabulls Ventures | 264.90 | 225.45 | 17.50 |
| Sriram Transport | 658.70 | 590.30 | 11.59 |
| Weekly NSE Nifty Midcap 100 Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Vodafone Idea | 9.25 | 10.30 | 10.19 |
| JSW Energy | 55.95 | 57.95 | 3.45 |
| Weekly NSE Nifty Smallcap 100 Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| PVR | 1300.50 | 1100.95 | 18.13 |
| Trident | 7.85 | 6.70 | 17.16 |
| Weekly NSE Nifty Smallcap 100 Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Alok Ind | 20.50 | 22.15 | 7.45 |
| Sonata Soft | 311.05 | 329.25 | 5.53 |
Indian market news last week
Indian markets started with a positive on the first day of the week ended 1st October. The market gained with RBI’s report on increased Foreign exchange reserve, increase in bank credit, and deposit news on last Monday. RBI has postponed the two days Monetary policy Committee meeting which was scheduled for 30th and 1st Oct.
Some concerns also came in the market after the World Bank said the coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the Pacific as well as in China. It has also said 38 million people are set to be pushed into poverty and the region will grow by only 0.9%.
In the last two days of the week, Indian market markets gained due to stimulus hopes from the government, Unlock 5.0, better than expected manufacturing PMI, encouraging auto numbers. Whereas the market has ignored eight core industry output data that contracted 8.5% in August.
Global market news last week
US markets on a weekly basis closed in a positive zone however, the smallcap sectors performed better than the large-cap on a weekly basis. There is an uncertainty in the US market due to the November presidential election.
On Thursday President Donald Trump has announced that he and his wife had contracted COVID-19. The news has created some negative sentiments in the US market and the market closed lower on the last day of the week
European markets also closed higher during the week as investors have shown interest in buying beaten-down financial stocks. The European markets gained amid the concern of increasing coronavirus cases, EU-UK trade talks, and US political uncertainty.
In Asia, the Japanese market closed lower on a weekly basis. The Tokyo Stock market halted trading for the full day on 1st Oct due to technical reasons. Chinese market gained slightly on positive macro data. The Chinese market is closed from 1st October to 8Th October for a national holiday.
FIIs and DIIs movement
FIIs were the seller and DIIs were the buyer in the cash market segment on the week ended 1st October 2020. The FIIs sold Rs 563.87 crore whereas DIIs bought Rs 1787.77 crore. FIIs were the seller in the month of September, sold Rs 11410.69 crores and DIIs were buyers of Rs 110.30 crores in the cash segment.
Conclusion:
IndusInd Bank was the top weekly gainers in NSE whereas BPCL was the top weekly losers during the week. The Indian market finished last week with a positive note. The market rally was supported by benchmark indices as well as midcap and smallcap indices.
The positive global cues and domestic news like unlock 5.0, encouraging auto sales, better than expected PMI data helped the market to close higher on the week ended 1st October.
You can also read our post “ key factors that will influence the market next week” on our website on 4th October.
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Happy weekend !!
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