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Action stations, it is

<p>Sharp gains, flat days and correction, it was all happening at Dalal Street</p>

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Finance Minister Arun Jaitley (left) speaks to World Bank Managing Director and Chief Financial Officer Brazil’s Joaquim Levy (centre) in New Delhi. Pic/AFP
Finance Minister Arun Jaitley (left) speaks to World Bank Managing Director and Chief Financial Officer Brazil’s Joaquim Levy (centre) in New Delhi. Pic/AFP

The week gone by had all the action one could imagine. It began with sharp gains on Monday and was sideways to flat for the next three days. Friday was the day of correction. There was more correction after we closed in the global markets. At the end of the week, even though markets closed positive, the sentiment was certainly not the same. BSE SENSEX gained 265.14 points or 0.93 per cent to close at 28,797.25 points. NIFTY gained 57.05 points or 0.65 per cent to close at 8,866.70 points. Broader markets saw BSE100, BSE200 and BSE500 gain 0.93 per cent, 0.95 per cent and 1.03 per cent respectively. BSEMIDCAP gained 0.86 per cent while BSESMALLCAP gained 1.72 per cent. In sectoral gainers, BSEREALTY was up 5.67 per cent followed by BSEAUTO 2.40 per cent and BSEPSU 2.31 per cent. On the losing side were BSEIT down 1.885 and BSETECH 1.44 per cent. In individual stocks BHEL gained 12.74 per cent followed by some of the PSU banks. PNB gained 14.86 per cent while Canbank gained 10.57 per cent. Yes Bank was down 7.95 per cent followed by TCS 6.41 per cent and HDFC 1.88 per cent, all on the losing side.

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