The NIFTY ended on a bullish note, shooting up +2.25% for the week.
Biggest losers were BHARTIARTL (-3.56%), COALINDIA (-2.80%) and HEROMOTOCO (-2.53%).
And the biggest winners were NTPC (+8.48%), BHEL (+8.35%) and GRASIM (+7.83%).
Advancers lead decliners 42 vs 8
Gold: -0.41%, Banks: +1.64%. Infrastructure: -1.21%
Friday’s overseas action will boost the Monday open of the NIFTY. The Dow shot up +1.74% to 13103, S&P +1.94% and Crude +4.63% to $91.16 on good unemployment numbers. Europe apparently read the fine print overnight and decided it liked what Mr. Draghi said: Stoxx 50 +4.8%, Germany +4%, France +4.4%, Italy +6.2%, Spain +5.8%, U.K. +2.2%.
Daily news summaries are here.
Have a nice weekend!
