Mumbai: Amid the ongoing decline in the domestic stock markets for the past few weeks, investors will once again keep an eye on the situation of Iran war in the coming week. Apart from this, some key figures are also going to come in the coming week. Industrial production figures for February are to be released on Monday 30 March. The first major data of March, which will give the picture after the start of the West Asia crisis, will be the Manufacturing PMI which will be released on 02 April. Separate figures of vehicle sales of companies will also be released on 01 and 02 April. The effect of all these factors will be visible on the stock markets.
Due to Ram Navami holiday on Thursday last week, the market was traded only for four days. There was a big fall on Monday and Friday while there was strong buying on Tuesday and Wednesday. BSE Sensex fell 949.74 points (1.27 percent) last week and closed at 73,583.22 points on Friday. The Nifty-50 index of the National Stock Exchange also fell by 294.90 points or 1.27 percent to 22,819.60 points during this period.
There was pressure on medium and small companies also. During the week, the Nifty Midcap-50 index closed 1.13 percent lower and the Smallcap-100 index closed 0.63 percent lower. Shares of 20 out of 30 Sensex companies recorded a weekly decline. BEL shares fell the most by five percent.
Reliance Industries slipped 4.69 per cent, Trent 4.64, State Bank of India 3.62, HDFC Bank 3.10, Titan 3.09 and Adani Ports 2.01 per cent. Shares of Tata Steel fell 1.75 percent, ITC 1.72, Maruti Suzuki 1.70, NTPC 1.29 and Indigo 1.16 percent. Shares of ICICI Bank, Bajaj, Finserv, Mahindra & Mahindra, PowerGrid, Hindustan Unilever, Kotak Mahindra Bank, Bharti Airtel and TCS also closed down. L&T recorded the highest weekly gain of 3.82 percent. Shares of HCL Technologies were up 2.22 percent, Bajaj Finance was up 1.68 percent, Infosys was up 1.23 percent, UltraTech Cement was up 1.14 percent and Sun Pharma was up 1.02 percent. Shares of Asian Paints, Tech Mahindra, Eternal and Axis Bank also gained.
-
I tried milk chocolate from 5 supermarkets - they all beat Dairy Milk

-
Netflix unveils 'electrifying' thriller based on 'edge of your seat' novel

-
Dry fish traders in distress, shortage of quality fish hits traders in Udupi

-
The incredible new £1.5bn UK shopping centre complete with 50 shops and 485 luxury flats o

-
Former Nepal Energy Minister Arrested Amid Money Laundering Investigation
