07/01/2017

Equity Market Weekend Update; Sensex, Nifty make promising start to 2017

The Domestic Equity Market was positive in the first week of 2017 on expectations that the economy will gradually come back to normal in the near term after demonetization of high-value currency notes amid mixed global cues.
For the week ended on 6 January, the 30-share index gained 0.50 percent, or 132.77 points, to 26,756. The index was at 26,626.on December 30 last week. The 50-share Nifty index jumped 0.70 percent to 8,243 from 8185 during the same period.

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