Street dynamics : a brief preview of the week gone by
DSIJ Intelligence / 16 Dec 2016
The markets throughout this week remained fragile. The Sensex on December 16, closed at 26489.56 marginally down by 29.51 points. Sensex which on December 12 opened at Rs 26725.31 on December 16 closed one per cent down. Low volumes in trade were witnessed during the week.
The markets throughout this week remained fragile. The Sensex on December 16, closed at 26489.56 marginally down by 29.51 points. Sensex which on December 12 opened at Rs 26725.31 on December 16 closed one per cent down. Low volumes in trade were witnessed during the week. The Indian markets which had already factored in the FED rate hike did not fall much. After the historic rate hike by Fed after a decade, the Sensex had just fallen 105 points, but made a smart recovery and was even trading in a positive territory for some time on December 14.
The event saw FII selling from the Indian markets, and in December 2016 FIIs have taken away 18658.13 crores from the Indian economy. DII activity on other hand has seen some net buying. Domestic Institutional Investors have bought around 61.90 crores as on December 15. Following were the top gainers and losers of the week.
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