Weekly Recap

The NIFTY ended on a bearish note, melting down -1.60% for the week.
Biggest losers were DLF(-10.30%), M&M(-7.24%) and HEROMOTOCO(-6.97%). And the biggest winners were ACC(6.88%), AMBUJACEM(6.18%) and RELINFRA(5.38%)
Decliners eclipsed advancers 32 vs 18
Gold: -2.83%, Infrastructure: 0.90% and Banks: -0.18%
Daily news summaries are here.

The biggest news of the week was the Veritas report hammering DLF and the tepid response to ONGC’s divestment.

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