Both the benchmark indices - Sensex and Nifty - ended the week with gains of 3% each. And BSE Midcap gain 3.4% and BSE Smallcap indices gained 3.8%.
Market review
Today's market good for trade finally closed nagetive node. both NSC and BSC benchmark indices finally ended the session in the red territory. NSE Nifty ended at 5627.20 up by 20.2 points or 0.36% from the previous close, while the BSE Sensex closed at 18762.80, up 83.07points or 0.44%.
The opening with market register it's day high nifty at 5705.80 and sensex at 19031.38 and end of the day low nifty at 5609.75 sensex at 18713.07
F & O Nifty closed at 5632.85 up 22.55 points or 0.4% from the previous close. Intraday high 5700.20 and day low 5616.25 for current month.
BSE Midcap index gained 0.69% while BSE Smallcap ended up 0.83%.
Market Diesel Costs
The government’s June 24 decision to increase diesel tariffs for the first time in a year will spur living costs, Goldman said June 27 as it raised India’s inflation forecast to 8.6% for the year ending March 31 from an earlier estimate of 8.1%.
Policy makers allowed state-run refiners including Indian Oil Corp. to increase diesel costs by Rs 3 (7 cents) a liter, kerosene by Rs 2 a liter and cooking gas by Rs 50 for every 14.2 kilogram bottle. The decision was aimed at reducing government subsidies and help limit losses at companies selling fuels below cost.
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