Weekly Reports- Stocks Going Through the Week – 16 to 20 January, 2017

The S&P BSE Sensex and the Nifty50 index closed the weekend Friday, 20 January 2017 on an unpleasant note. During the week, the trading was monotonous, except the weekend-Friday with a range-bound trading, influenced by mixed global cues. 

Going though the week, on Monday, 16 January 2017, Key indices settled with small gains, with the Sensex risen 50.11 points or 0.18% to settle at 27,288.17, its highest closing level since 10 November 2016. On Tuesday, 17 Jan, the indices settled with small losses after a range-bound and dull session of trade, when the Sensex declined 52.51 points or 0.19% to settle at 27,235.66, which is the lowest closing mark since 11 Jan 2017. 

On Wednesday, 18 Jan, the indices settled with tiny gains after a volatile trade, when the Sensex risen 21.98 points or 0.08% to settle at 27,257.64, a highest mark noted since 10 Nov 2016. On Thursday, 19 Jan, The Sensex had risen 50.96 points or 0.19% to settle at 27,308.60, its highest closing level since 10 Nov 2016. 

Trading for the weekend Friday Jan 20 was on sour note, when the Sensex lost 203.56 points to settle at 27,034.50, its lowest closing level since 10 January 2017. The Nifty declined 51 points to settle at 8,349.35. The BSE Mid-Cap index shed 0.43%, and the BSE Small-Cap index kicked the market-pace by advancing 0.56% during the week.

Posted in: Indian Market Tips