FPIs, FIIs sold shares worth Rs 3,541.26 crore during the week

Foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) sold shares worth Rs 3,541.26 crore during the week, according to the latest Sebi provisional data.

IT, tech,  metal and FMCG indices rose, consumer durables remained falt, while auto fell by 1.80%, capital goods 1.61%, realty 1.18%, oil&gas 1.06%, power 0.69% and healthcare 0.30% during the week.

While the BSE Small-Cap index dropped 39.53 points or 0.22% to settle at 17,996.22, the BSE Mid-Cap index fell 40.32 points or 0.24% to settle at 16,562.03. Both these indices underperformed the Sensex.

On the Sensex pack, 16 stocks rose and 15 stocks fell during the week.

TCS was the top Sensex gainer last week, followed by Yes Bank (up 3.75%), Kotak bank (up 2.77%), Infosys (up 2.74%) , Coal India (up 2.46%), ONGC (up 1.82%), SBI (up 1.60%), Reliance (up 1.33%) and Bharti Artel (up 1.30%).

In the automobile segment, Bajaj Auto fell by 3.86%, Asian Paints 3.76%, M&M 3.19%, Tata Motors 2.73%, Tata Motors DVR 2.32%.

HUL fell 2.14%, Dr Reddy 1.97%, L&T 1.93%, Tata Steel 1.53% and Maruti 1.52%.

The total turnover during the week on BSE rose to Rs 18,463.07 crore as against last weekend's level of Rs 17,444.72 crore.

However, on Friday the Nifty50 settled the March series on a positive note, settling just a tad below its crucial 10,500, tracking Asian markets after comments from US Federal Reserve official eased worries about faster rate hikes in the United States. A rebound in recently hit sectors such as pharma and banking also contributed to the gains.

The S&P BSE Sensex settled the day at 34,145, up 325.82 points, while the broader Nifty50 ended at 10,492, up 110.15 points on Friday ending a losing spree. 

In the broader market, the BSE Midcap and the BSE Smallcap indices outperformed to gain 1.5% each. 

(With agency inputs)