Stock Market Weekly Review: Sensex and Nifty rose by half a percent

Stock Market Weekly Review: Sensex closed at 67,838.63 with a jump of 319 points. Nifty closed at 20,192.35 with a rise of 89 points.  Due to better signals from global markets, domestic stock markets closed with a rise of half per cent on Friday, the last trading day of the week. There was a bullish trend in the stock markets throughout the last week.

If we look at the five trading days of last week, on Monday, the first trading day of the week, the 30-share Sensex of BSE opened at 66,844.28 with a gain of 245.37 points and closed at 19996.35 with a gain of 176 points. While NSE’s Nifty opened 83.85 points higher at 19,903.80 and closed 528 points higher at 67,127.08. During market opening on Tuesday, Sensex showed a jump of 300 points while Nifty touched the level of 20100. Sensex opened 308 points higher at 67,434 and closed 94.05 points higher at 67,221.13. Nifty opened 74 points higher at 20,071 and closed 3.15 points lower at 19,993.20. On Wednesday, the Sensex opened with a fall of 168 points at 67,053 and closed at 67,466.99 with a jump of 245.86 points. Nifty opened with a fall of 49 points at 19,944 and closed for the first time at 20,070 points with a gain of 76.80 points.

On Thursday, Sensex opened 213 points higher at 67,680 and closed 52.01 points higher at 67,519. Nifty also opened at 20,138, up 69 points from the previous session and closed at an all-time high of 20,103.10, up 33.10 points. BSE Sensex opened 225 points higher at 67,744 in early trade on Friday due to better-than-expected macroeconomic data from China and softening of US interest rates and closed at 67,838.63 with a rise of 319.63 points (0.47 per cent). Nifty opened at 20161 with a rise of 58 points and closed at 20,192.35 with a rise of 89.25 points (0.44 percent). Satish More/16 September.

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