Rahul Oberoi, ETMarkets.com
December quarter earnings from blue-chip companies and key macroeconomic data release will be some of the big triggers for the market this week.
The 30-share index advanced 132 points, or 0.49 per cent, to 26,759 during the first week of 2017. Likewise, the Nifty index of NSE climbed 58 points, or 0.70 per cent.
From here onwards, quarterly earnings from frontline companies like TCS and Infosys will decide the behaviour of the stock market.
Foreign institutional investors remained net sellers during the week, as they offloaded shares worth of Rs 2,307 crore in the five sessions till January 6.
Ten stocks listed on the Bombay Stock Exchange (BSE) surged up to 77 per cent in the first week of 2017, even as the equity benchmarks Sensex and Nifty gained about 0.50 per cent.
Among the major gainers, STI India rallied 77 per cent to Rs 19.21 on January 6 from Rs 10.87 on December 30 last year, while Sanwaria Agro jumped 45 per cent, North Eastern Carrying Corporation 41 per cent, Kilitch Drugs 39 per cent and PG Electro 37 per cent.
Other gainers included Vipul (up 35 per cent), IP Rings (up 33 per cent), Welplace Port (up 32 per cent), Assam Co (30.84 per cent) and Kotharti Ferment (up 30 per cent).
http://economictimes.indiatimes.com/mar ... 415911.cms
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