Weekly Recap


The NIFTY ended on a bullish note, shooting up +2.29% for the week.
Biggest losers were IDFC (-5.07%), BHEL (-3.89%) and TATAPOWER (-3.42%).
And the biggest winners were HCLTECH (+5.99%), MARUTI (+5.40%) and INFY (+5.32%).
Advancers lead decliners 34 vs 16
fii.2012-09-03.2012-09-07Gold: +2.37%, Banks: +1.30%. Infrastructure: -1.67%

Net FII flows for the week: $17.76 mm (Equity) and -$273.72 mm (Debt)

China’s plans to build roads to nowhere (again), ECB’s unlimited bond-buying boosted the markets.

Daily news summaries are here.

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