THIS WEEK MARKET 26.09.2009

I FLY VERY HIGH MADE HIGH
The Nifty and Sensex both ended the week down 0.3%managed to close at 4,959 and 16,693 respectively.
The BSE Sensex hit an intra-week high of 16,943 and low of 16,494 while, NSE Nifty hit an intra-week high of 5,036 and low of 4,904.
The Foreign Institutional Funds purchased Rs78.7bn during the week. On the other hand, the Domestic Institutional Funds were net sellers to the tune of Rs4.96bn during the week.
The top gainers: The top gainers in the Sensex were Ranbaxy Labs (up 16.7%), HDFC (up 7.3%), Maruti Suzuki (up 5%), HDFC Bank (up 4.8%) and Cipla (up 3.1%).
The Top Losers: The top losers in the Sensex were Hindalco (down 7.1%), Infosys (down 5.1%), Tata Steel (down 4.3%), Bharti Airtel (down 4.2%) and ICICI Bank (down 3.8%).
The BSE IT Index (down 3.1%): The top losers in the IT sector were Patni Computer (down 7.7%), Infosys Tech (down 5.1%), Financial Tech (down 3.6%), Sasken Communication (down 3%) and HCL Tech (down 2.1%).
The BSE Consumer Index: The top gainers in the consumer durables space were Videocon Industries (up 3.8%), Mirc Electronics (up 1.1%) and Su-Raj Diamonds (up 0.4%). The top losers were Titan Inds (down 3.2%) and Blue Star (down 0.2%).
The BSE Healthcare Index (up 7.4%): The top gainer in Pharma space was Dr Reddy's Labs. The stock surged over 18% during the week. Piramal Healthcare also surged over 14% during the week. According to reports, GlaxoSmithKline Plc is looking for the acquisition of Piramal Healthcare or Dr Reddy’s Labs. Torrent Pharma (up 14.3%), and Natco Pharma (up 13.9%) were among the other major gainers.