US
Proposed imposition of new taxes along with reduction in subsidies negatively affected the market.
Volumes remained lacklustre as investors awaited monetary policy announcement.
Inflation figures and political uncertainty keep investors on the sidelines.
High CPI figure puts a dent in index’s growth.
Investors chose to book profits despite strong corporate results.
Eurobond issue along with strong foreign buying were highlights of the week.
Eurobond issue along with strong foreign buying leads to a rise of 841 points.
Foreign buying along with strengthening forex reserves helped the index climb 1,291 points.
Index recovers from a bad start to close in the green.
Unchanged discount rate and foreign selling contributed towards the index’s decline.