The
Indian Stock Market rebounded smartly in last trading session
on Friday. The Nifty was up from 4.7% and Sensex with 5%. Now
Investors are looking for next week big events like Industrial output
data, Inflation for May month and globally the Greece elections.
Today The Sensex recovered 243 points with intraday low of 16,485.02
before closed up 69.82 points at 16,718.87 while Nifty rebounded from
intraday low of 4994.80 which ended up 18.70 points at 5,068.35.
The
main reason behind market bounce back were recovery in European
markets and Indian rupee and the short coverings.
The
BSE Bankex up 8% this week while SBI rose 0.56% while HDFC bank went
up -.2%, Kotak Mahindra and PNB gained from 1.5-2%.
Top
Nifty Gainers during week
Reliance
Infra, L&T, JP Associates and IDFC
Top
Nifty Loser during week
Dr.
Reddy's, Ranbaxy
