Stock Market Week Report 17- 21 May 2021
Stock Market Week Report 17- 21 May 2021
Stock Market Week Report 17- 21 May 2021
Sensex: 50,540.48
Nifty-50 : 15,175.30
Dollar : 73.0608
Sensex and Nifty
Sensex and Nifty-50 gained closed in green marks at the 50,540.48(+3.71%) and 15175.30(+3.38%) levels at the Friday end of this week.
The sensex has moved by Total 1600+ points but it has gained by 1800 + points and nifty-50 by 497.5 points this week than last week of 14th may.
Sensex came back to 49500 levels between week but angina gained to above 50,000.
Here the support level of nifty is broadly seem at 15085 levels. For this week.
Dollar : 73.0608
The dollar price has decreased by 0.3343 point this week than last.
Gainers and losers of the week
Gainers of week
SBI : 365 - 400 rs
Bajaj auto : 3850 - 4125 rs
Eicher motor : 2430 - 2572rs
BPCL : 440 - 461 rs
Losers of week
Bharati Airtel : 560 - 530 rs
Grasim India : 1430 - 1371 rs
SBi life ins : 985 - 970 rs
Dr Reddy lab : 5270 - 5220
Important Points
• The market is looking bullish .
• The sensex was struggled between 48,000-50,000 levels in the previous week's but now it has again hit 50,000 levels and stabled above it and nifty above 15000 levels that is a good sign to go ahead.
• The banking is sector is in green zone and gained nearly 3-4 % .
• Almost all the companies on bse gained from 0.30 % to 4% at friday. An that pushed Sensex ahead 49,800 levels.
• If you look the graph of Sensex for week and month then you will see this is not strong based graph and may be Sensex will come down to sustain at this levels.
• This kind of market is good for short term investments
Read this :
Stock market week report 10 -14 May
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