Weekly Market Review: Sensex snaps four-week gaining streak; FIIs remain net buyers -- 2 April 2016

Domestic equity indices BSE Sensex and NSE Nifty ended the week with marginal losses and also dipped for the first time in the past five weeks. For the week ended April 1, the BSE Sensex dropped 67.92 points or 0.26 per cent to 25,269.64, while NSE Nifty shed 3.45 points or 0.04 per cent to 7,713.05.

                                        

In the Nifty pack, share price of Bharti Airtel plummeted the most — 6.21 per cent, followed by Hindalco (down 5.42 per cent), Mahindra & Mahindra (down 4.53 per cent) and HDFC (down 4.09 per cent). On the other hand, Bank of Baroda, Tata Power and ITC gained 6.15 per cent, 4.23 per cent and 3.62 per cent, respectively.

Sectorwise, the BSE Telecom index, BSE Healthcare and BSE Metal index slid 3.28 per cent, 2.19 per cent and 2.02 per cent in the previous five trading sessions. The BSE Realty index and BSE Power index jumped 2.74 per cent and 2.65 per cent during the week.

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