Indian stock market Update
2. During the week Sensex lost 4% and the Nifty lost 3.7%.
3. Similarily BSE Midcap index lost 3.1% and BSE Smallcap index lost 2.4%.
4. If we analyse the sector-wise loss than BSE Capital Goods, Oil & Gas, Metal and Realty indices lost 5% each and BSE Bankex lost 3.5% in the last five trading sessions.
5. Reason for BSE Bankex loss can be attributed to anticipated action from RBI to rein inflation which is at 13 year high.
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