Weekly Equities Report – 11 Jun 2021

It was a week of all-time highs as Sensex gained 0.73% to end the week with a record close of 52474. Nifty50, which touched new all-time highs throughout the week to gain 0.82% at 15799, although with a lot of resistance.
Sector-wise, Nifty IT made a comeback this week as it gained 4.5%, followed by a bullish media(3.5%) and a back on bull-track pharma(2.6%). The banks and finserv sectors were the biggest draggers of the week.
Among the stocks, ALOKINDS(38.65%) and ECLERX(27.26%) were the top gainers while, VARROC(-13.64%) and MAHABANK(-8.61%) lost the most. In the Nifty50, the PSU power stocks dominated as POWERGRID(8.9%), NTPC(6.31%), COALINDIA(6.24%) were the top gainers however, IBULHSGFIN was the topper with a 10% gain. The top losers were HDFC(-2.26%) and L&T(-2.22%).
ALOKINDS and CERA were among the highest volume and deliverable change as well.
The FIIs were the net buyers of Rs.1738cr, little more than three times of previous week’s tally, worth of shares this week whereas DIIs sold a net of Rs.823cr of shares, marginally less than that of last week’s figures.