Indian Stock Market Week Report ( 18 - 22 Jan )

By Abhishek katkar
Indian Stock Market Report (18 - 22 jan )

Sensex:48,878.54 ( -746.22)
Nifty: 14,371.90 ( -218.45)
Dollar: 72.97(-0.02%)


Sensex hits the 50,000 level which is the all time high for last decade.


Sensex and nifty-50 hits their high again in this week but closed in red with dropped by some points. Last day at Friday Sensex is down by (-746.22) and Nifty by (-218) points and closed Sensex at 48,878.54 and Nifty- 50 14,371.90.

The sensex has moved about 1200 points in this week and stopped at 48,878.54.The Sensex droped at Tuesday but again it come to original levels and hit the all time high 50,000 level . the support level of sensex in this week is 48,400. Sensex is dropped by 750 points at end of day.

Nifty- 50 moved by nearly 600 points in this week and successfully stable above 14,000 level . The support level of nifty was 14,300. Nifty also hits it's high 14,619.90.

Doller has closed at 72.97 ( -0.02 %) The doller price is dropping from last week.

Gainers And Loosers Of Last Week

Bajaj auto (+ 10.42%)
Apollo tyre (+6.71 % )
Sbicard (5.42%.)
Hul ( 1.76% )
Heromotor corp (3.93%)

Losers :
Biocon ( -10.90%)
sail ( -10.25 % )
Bandhan Bank(7.80% )
Axis Bank ( -4.64)
JSW steel ( -4.55%)
Asian Paints (-4.41% )
Hindalco (- 3.90%)


Some Important Points :

• Sensex And Nifty hits new high recode levels of 50,000 and 14600

• Sensex was dropped by some point at start of week but it is successful to hit 50,000 levels But dropped by 1200 point till last day .

• Sensex fails to keep 50,000 levels

• There are large selling in this week mostly on last day of market.

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