Core Insights - The Indian stock markets ended the week on a lackluster note, with the BSE 500 index falling by 0.8% and approximately 71% of stocks closing in the red [6][7] - Foreign Institutional Investors (FIIs) were net sellers, while Domestic Institutional Investors (DIIs) were net buyers, indicating contrasting market sentiments [5][6] Market Performance - The Sensex underperformed the broader index, slipping by 0.9%, primarily due to weak performances from key stocks such as Power Grid Corporation, Maruti Suzuki, ITC, and Larsen & Toubro, which saw losses ranging from 5.6% to 3.7% [4][7] - In the 30-stock Sensex index, 23 stocks closed in the red, while only 7 managed to end positively, with Mahindra & Mahindra leading the gainers at 6% [4][7] Sector Analysis - Most sectors closed the week in the red, with BSE Utilities experiencing the largest decline at 4.2%, followed by BSE Power and BSE India Infrastructure Index, which fell by 3.4% and 2.8%, respectively [7] - The financial services sector was the top weekly gainer, albeit with a modest uptick of around 0.4%, while BSE Bankex and BSE Oil & Gas closed flat [4][7] Stock Performance - Among the 347 stocks that closed in the red, only three suffered double-digit declines: Greaves Cotton (-11%), Godrej Agrovet (-11%), and Zensar Technologies (-12%) [6][7] - Out of 142 stocks that gained during the week, only nine achieved double-digit returns, with 3M India leading at 21% [6][7] Institutional Activity - FIIs were net sellers at Rs 401 crore for the week, but made significant purchases of Rs 4,581.34 crore on Friday after three consecutive days of selling [5][6] - DIIs were net buyers, accumulating Rs 16,678 crore worth of shares during the same period [5][6]
Market wrap: Red reigns on D-Street as 347 of BSE 500 stocks see up to 12% WoW fall. IT, power scrips among worst hit
The Economic Timesยท2025-11-08 07:21