Weekly Equities Report – 2 Jul 2021

The week gone by has been that of a lot of volatility and consolidation that eventually ended with some noticeable gains on Friday.
Sensex ended the week 0.77% lower and Nifty50 closed 0.87% lower from the week opening. However, Nifty Smallcap100 managed to outperform the benchmark indices and gained a healthy 2.2% over the week.
Among the sectors, only NIfty pharma(3.27%), PSU bank(0.58%) and FMCG(0.58%) closed with gains while metals(-1.8%), financial service, private banks and media lost 1.7% each.
In CNX500, HAPPSTMNDS(26.5%) and ROUTE(22.7%) topped the charts while Adani Total Gas (-22.6%) and Adani Transmission (-19.8%) were the top losers.
In Nifty50, DRREDDY(5%) and CIPLA(2.3%) gained the most whereas BAJAJFNSV(-5.9%) and IBULHSGFN(-4.2%) were the top losers.
In the deliverables chart, ROUTE(28x) and SUDARSCHEM(22.8x) grabbed the most interest from investors.
In the capital market segment, FIIs sold a net of Rs.5416cr worth of shares and DIIs bought a net of Rs.6418cr worth of shares.