Benchmark domestic equity indices registered modest weekly gains supported by strong buying following better-than-expected earnings from heavyweight companies. The market displayed resilience despite weak global cues, a weaker rupee, and elevated crude oil prices.
During the week, the 30-share Sensex at the Bombay Stock Exchange jumped 0.75 per cent to close at 78 thousand 151. The National Stock Exchange Nifty 50 rose over half a per cent to end at 24 thousand 334.
Broader market indices on National Stock Exchange underperformed the benchmark indices. The Nifty Midcap 100 declined one per cent, while the Nifty Smallcap 100 index shed 0.6 per cent during the week.
In the forex market, the Indian rupee depreciated by 96 paise this week to settle at 96 rupees and 28 paise against the US dollar.
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