maintained a status quo on repo rates and policy stance, in line with Street expectations. The central bank also retained its policy stance as the "withdrawal of accommodation" with five out of six MPC members voting in favour of this. Apart from this, strong macroeconomic indicators and resilience imparted by domestic investors also boosted sentiments by the end of the volatile week.
Also Read: Sigachi Industries, others to trade ex-split, ex-bonus next week; check full list For the week, the Sensex rose by 0.25 per cent while the Nifty 50 inched up by 0.08 per cent. On the other hand, the BSE Midcap index fell 0.81 per cent this week while the Smallcap index moved up by 0.79 per cent. On Friday, October 6, Nifty 50 closed at 19,653.50, up 108 points, or 0.55 per cent while Sensex closed 364 points, or 0.55 per cent, higher at 65,995.63.
The BSE Midcap index rose 0.66 per cent while the Smallcap index ended 0.56 per cent higher. Global cues were also positive after a pause in a bond market sell-off. The 10-year US bond yields were near 4.74 when the Sensex closed on Friday.
The dollar was steady and looked set to end the week with gains. On the stock-specific front, as many as 50 smallcap stocks logged gains in the range of 10 per cent - 30 per cent last week, outperforming the index. Suzlon Energy, MSP Steel & Power, Balaji Telefilms, HBL Power, Infibeam Avenues, Network 18 Media, Ashoka Buildcon, PNB Gilts, Quickheal Technologies, MPS, are among the smallcaps that logged a double-digit rise in their share prices last week.
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