weekly market repot

The market did not show much activity earlier in the week and traded within a tight band. Though the Continuous flushing of funds by the FIIs doubled with the good expiry helped the Indian markets to trade a bit in an active mode and swing by over 345 points or 2% in a week. This is the second consecutive week that markets have shown reasonable movement. At the end of the week, the Sensex and the Nifty managed to hold on the important levels? 17,600 for Sensex and 5250 for Nifty. Sensex surged marginally by 66 points (+0.38%), while the Nifty Rose by 19 points (+0.36%).

The Passage of U.S. Heathcare Reform Bill brought the right pill for the Indian Healthcare stocks, which jumped by 2.59%, the most among the BSE? sector indices. The Fast Moving Consumer Goods (FMCG) SCRIP followed suit and closed 1.19% higher. RBI? S surprise rate hike acted as a dampener for interest rate-sensitive Realty counter that declined the most for the week? By 4.05%? Followed by Teck stocks that fell by 3.26%. The remaining sector indices ended with listless gain or loss of data. Out of 13 BSE sector indices, Six ended in negative and positive in seven.