NIFTY| NSE | BSE | SENSEX | STOCK |MARKET LIVE |SHARE MARKET LIVE |INDIAN STOCK LIVE |NIFTY LIVE | UPDATES JULY 17 2020
Hopes of an early launch of Covid 19 vaccine kept global market sentiments positive. Although the Sensex remained volatile, it managed to gain 1.1% in the current week. Rising Covid-19 cases, but better-than-expected 1QFY21 IT sector results, led by Infosys, buoyed investor sentiment. Infosys, HCL Technologies and Hindustan Unilever were the top gainers while HDFC, ICICI Bank and IndusInd Bank lost the most in the BSE-30 Index.
On the economy front, June CPI inflation moderated to 6.09% as against 6.27% in May; June exports fell by 12.4% yoy to USD 21.9 bn (May: US$19.1 bn) while June imports contracted 47.6% yoy (4.9% mom) to USD 21.1 bn. FPIs bought equities worth USD 99 mn over the past five trading sessions while DIIs sold USD 568 mn worth of equities in the same period.