Sensex and Nifty weekly gainers and losers
Nifty weekly gainers and losers: Indian stock markets finished more than 3 percent higher during the week ended 14 May. The domestic markets gained due to a fall in coronavirus cases in the country, strong corporate earnings, vaccine hopes, and some support from the global markets. The banking and financial sectors have made a strong gain during the week.
The Indian markets started the week on an optimistic note due to a decline in daily fresh coronavirus cases in India. On Tuesday markets closed higher due to positive cues from the global markets whereas Wednesday and Thursday market decline on weak global cues. On Friday, markets jumped due to the support of the banking and Financial sectors.
Weekly Stock Market Indices
On a weekly basis, Sensex jumped 1807.93 points or 3.71% and closed at 50540.48 levels while Nifty closed higher by 497.5 points or 3.38% and ended at 15175.3 levels. The Bank Nifty on the spot price was up by 2437.35 points or 7.57 % on a weekly basis and finished at 34606.9 levels.
The midcap and smallcap indexes closed higher during the week ended 14 May. The Nifty midcap index gained by 1049.75 points or 4.3% and closed at 25413.4 levels. The small-cap index closed higher by 328.75 points or 3.74 % and ended at 9087.8 levels
Nifty weekly gainers and losers
| Weekly Nifty Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| IndusInd Bank | 1016.00 | 890.85 | 14.05 |
| State Bank of India | 401.20 | 360.45 | 11.31 |
| M&M | 818.95 | 741.50 | 10.45 |
| HDFC Bank | 1497.30 | 1386.85 | 7.96 |
| ICICI Bank | 642.45 | 597.30 | 7.56 |
| Weekly Nifty Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Bharti Airtel | 530.95 | 560.40 | 5.26 |
| Britannia Industries | 3435.75 | 3501.45 | 1.88 |
| Tata Steel | 1113.10 | 1132.10 | 1.68 |
| ITC | 209.05 | 212.25 | 1.51 |
| JSW Steel | 698.20 | 707.10 | 1.26 |
Weekly top Nifty midcap gainers and losers
| Weekly Nifty Midcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| ICICI Securities | 589.10 | 496.20 | 18.72 |
| Indiabulls Housing | 215.50 | 183.80 | 17.25 |
| Weekly Nifty Midcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| PI Industries | 2565.45 | 2697.45 | 4.89 |
| SAIL | 122.00 | 127.15 | 4.05 |
Weekly top Nifty smallcap gainers and losers
| Weekly Nifty Smallcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| JK Lakshmi Cement | 493.55 | 406.00 | 21.56 |
| Birla Corp | 1259.55 | 1048.80 | 20.09 |
| Weekly Nifty Smallcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Sterling & Wils | 242.15 | 269.75 | 10.23 |
| Rossari Biotech | 1171.10 | 1282.15 | 8.66 |
Weekly global stock markets updates
Global markets closed mixed during the week ended 21 May. The US markets mostly closed lower except for the tech-heavy Nasdaq. The market was volatile and closed mixed due to strong economic data and concerns about inflations. The Fed’s hints of a slowdown of bond purchasing program to be discussed in the next meeting and inflation worries were negative for the US markets.
The US market indexes tried to trim their early week losses after the improved weekly jobless claim data announced on Thursday. However, the markets closed mixed after the Flash PMI readings highlight strength in the US economy and inflationary pressure.
The European markets closed higher during the week ended 21 May. The markets gained on the hopes of the economy is rebounding after the coronavirus-related restrictions begin to ease. However, worries of inflation have trimmed some gains during the week.
The UK moved to phase two of its plan for lifting Covid-19 restrictions allowing social mixing indoors, greater physical contact, and foreign travel. The Eurozone flash PMI data showed improvement in the month of May. The European markets erased some gains after the UK inflation doubled in the month of April.
Japanese market finished higher during the week ended 21 May. The economic data were mixed, the GDP shrank more than expected, whereas export growth in April was strong and manufacturers business confidence rose at its highest level.
Chinese market index Shanghai Composite was down just 0.1% during the week ended 21 May. Mixed economic data and the resurgence of coronavirus cases in some places in China have subdued the market sentiment during the week.
FIIs and DIIs Investment in the cash market
On a weekly basis, Foreign Institutional Investors (FIIs) were sellers and Domestic Institutional Investors (DIIs) were the buyers in the cash market segments. FIIs sold Rs 1753.9 crore while DIIs bought Rs 1318.52 crores in the cash market segment during the week ended 21 May.
On a monthly basis, FIIs sold Rs 10467.15 crores and DIIs bought only Rs 2209.72 crores in the cash market.
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