Market wrap: 263 of BSE 500 stocks end week in green as FIIs turn net buyers. IT, health scrips shine

Core Insights - The Indian stock markets ended the week steady, with the BSE 500 index gaining 1.3% and 263 stocks closing in the green, while 226 stocks slipped [7][8] - The Sensex outperformed the broader index with a 1.5% uptick, driven by strong performances from IT companies such as HCL Technologies, Infosys, and Tata Consultancy Services [4][8] - Foreign Institutional Investors (FIIs) turned net buyers, purchasing domestic shares worth ₹3,603 million, while Domestic Institutional Investors (DIIs) were net buyers at ₹8,391.2 million [7][8] Company Performance - HCL Technologies, Infosys, and Tata Consultancy Services reported gains of 7.3%, 6%, 4.7%, and 4.4% respectively, contributing to the overall positive performance of the Sensex [4][8] - The IT sector was the top weekly gainer, increasing by 4.3%, followed by telecommunications at 2.9% and healthcare at 2.7% [6][8] - The biggest losers in the BSE 500 index included Godrej Industries, Restaurant Brands Asia, Aegis Logistics, and Advanced Enzyme Technologies, which fell by 9%, 8%, and 7% respectively [8] Sector Performance - The BSE Information Technology sector led the weekly gains, followed by BSE Telecommunication and BSE Healthcare [6][8] - The worst-performing sectors included BSE FMCG, BSE CPSE, and BSE Power, which saw declines of 0.3%, 0.2%, and 0.2% respectively [6][8] - BSE Midcap ended with a 1.5% uptick, while BSE Smallcap closed flat [6][8]