The Nifty50 closed last session of the week on a strong note after a roller coaster ride, led by positive global cues. The rally globally was driven by the news that the US and China will hold trade talks next week.
The index managed to hold 10,700 levels and formed 'Hammer' kind of pattern on the daily charts and 'Bearish Engulfing' pattern on the weekly scale. During the week, the Nifty50 slipped 1.2 percent.
At the close of market hours, the Sensex was up 181.39 points or 0.51 percent at 35695.10, and the Nifty up 55.10 points or 0.52 percent at 10727.40. The market breadth was narrow as 1322 shares have advanced, against a decline of 1255 shares, and 159 shares are unchanged.
Here's a look at the top gainers and losers for the week gone by:
Top Gainers
Bharti Infratel: Up 8%
YES Bank: up 4.5%
Bank of Baroda: Up 2.8%
Sun Pharma: up 2%
Eicher Motors, down 13%
Mahindra & Mahindra, down 9.7%
Ashok Leyland, down 5.79%
Hindalco Industries, down 5.6%
Tata Steel, down 4.9%
Source- Money Control
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