Sensex rises by 289 68 points this weekend
Mumbai, Dec 15 The BenchMark Index of Bombay Stock Exchange(BSE) rose 289.68 points or 0.81 per cent to settle at 35,962.93 in the highly volatile week under review, following strong domestic economic data.
Losses triggered by poor electoral performance of the ruling Narendra Modi-led NDA government in the recent state Assembly elections were offset by the swift appointment of new Reserve Bank of India (RBI) governor.
The Nifty 50 index rose 111.75 points or 1.05 percent to settle at 10,805.45.
The BSE Mid-Cap rose 475.35 points to settle at 15,192.84. The BSE Small-Cap rose 397.11 points to settle at 14,501.76.
Indices logged gains in four of five trading session in the week.
Key benchmark indices dropped sharply on Monday, December 10, 2018 weighed by slide in index pivotals Reliance Industries, Kotak Mahindra Bank, HDFC and Infosys. BSE Sensex lost 713.53 points to
settle at 34,959.72. Nifty too lost 205.25 points to settle at 10,488.45.
Indices logged modest gains on Tuesday, December 11, 2018 led by index pivotals ITC, State Bank of India and Axis Bank Sensex rose 190.29 points to settle at 35,150.01. Nifty rose 60.70 points to settle at 10,549.15.
Local stocks rallied on Wednesday, December 12, 2018 on broad-based buying demand in index pivotals.Sensex gained 629.06 points to settle at 35,779.07. Nifty rose 188.45 points to settle at 10,737.60.
Indices logged modest gains on Thursday, December 13, 2018 following strong domestic economic data. Sensex rose 150.57 points to settle at 35,929.64. Nifty rose 53.95 points to settle at 10,791.55.
Domestic shares ended with small gains on Friday, December 14 2018. Sensex rose 33.29 points to settle at 35,962.93. Nifty rose 13.90 points to settle at 10,805.45.
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