It was a week marred by JP Morgan’s $2 billion trading loss, Spain’s Bank bailout, anti-austerity victories in Greece and France and weak IIP numbers.
The NIFTY ended on a bearish note, melting down -1.75% for the week.
Biggest losers were JPASSOCIAT (-7.23%), PNB (-6.66%) and TATAPOWER (-6.54%).
And the biggest winners were IDFC (+7.90%), BPCL (+6.83%) and BHEL (+4.79%).
Decliners eclipsed advancers 36 vs 13
Gold: -2.83%, Infrastructure: -0.90%, Banks: -4.03%.
Daily news summaries are here.
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