New Delhi, July 6(HS): During the last trading week, the domestic stock market remained under pressure, losing gains from the previous two weeks by the week ending July 4. The BSE Sensex closed at 83,432.89 points, declining by 626.01 points (0.74%), while the NSE Nifty ended at 25,461 points, down 176.80 points (0.68%). The BSE Largecap Index recorded a decrease of 0.60%, with significant declines observed in shares of Trent Limited, Cholamandalam Investment and Finance Company, SBI Card and Payment Services, United Spirits, and others. Conversely, Mankind Pharma, Bosch, and several banks showed positive trends.
The BSE Midcap Index saw a rise of 0.60%, with shares of Relaxo Footwears and Laurus Labs among the gainers, while Go Digit General Insurance and others faced declines. The BSE Smallcap Index achieved the highest gain of 1%, with stocks like Gabriel India and Sindhu Trade Links gaining 20-42%. In contrast, Sigachi Industries and others experienced declines of 11-22%.
Sector-wise, the Real Estate sector fell nearly 2%, while the PSU Bank and Pharmaceutical Indices saw gains of up to 2%. The Media and IT Indices managed close to a 1% increase. Foreign institutional investors sold shares worth ₹6,604.56 crore, breaking a two-week buying trend, while domestic institutional investors continued buying for the 11th week, purchasing ₹7,609.42 crore in the stock market.
Hindusthan Samachar / Jun Sarkar