The Indian markets ended the last trading session of the week in the green on the back of Reserve Bank of India (RBI) Monetary Policy outcome on Friday. The central bank decision to maintain the status quo on rates helped domestic equity market benchmarrks to close in the green. While S&P BSE Sensex regained 60,000-mark, Nifty50 closed a few points short of 17,900. 30-share Sensex added 381 points, while Nifty50 gained 105 points to close at 60,059 and 17895, respectively.   

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In the broader market, Nifty Next50 index declined by 0.23% or 100 points to 43,270.70,  Nifty Midcap50 closed in the green after gaining 39 points or 0.45% to 8,592.15.   

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Among sectoral indices, Nifty bank closed flat with positive bias and Nifty Financial Services ended negative. Nifty bank closed Friday's session at 37,775.25, up 22.05 points or 0.06%, while Nifty Financial Services shed 63 points to close at 18,274.10.     

Nifty50 and Sensex both closed the week over 2% gain, with the former gaining 2.1% and the latter got strong by 2.2% for the week ended October 8, 2021.  

  

Source: StockEdge

Meanwhile, among NSE, Nifty IT was the top performer with 4.7% gain and for the BSE, S&P BSE Consumer Durables closed up 5.4% for the week ended October 8. The gain in the IT sector came ahead of TCS Q2FY22 results and a broad-based rally seen in S&P 500 and Nasdaq technology shares, including Apple, Amazon.com, and Microsoft in the Thursday trade on the Wall Street.    

Likewise, Nifty Media, Nifty Alpha 50, Nifty Auto and Nifty small cap indices were other NSE toppers. The first three NSE indices gained 4.6% each, while Nifty Small cap gained 4.3% for the last 5 trading sessions.    

Source: StockEdge

On BSE, after consumer durables, S&P BSE Energy, S&P BSE small cap select index, S&P BSE Information Technology and S&P BSE Auto emerged as the exchange leaders with 5.1%, 4.9%, 4.5% and 4.4 % for this week.