IT, Realty indices gain 4% during the week ...Middle East

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IT, Realty indices gain 4% during the week
New Delhi:  Amol Athawale, Vice-President, Technical Research at Kotak Securities on Friday said that in the last week, the benchmark indices witnessed volatile activity after a roller coaster activity. He said that the NIFTY ended at 0.91 per cent higher while the Sensex gained over 840 points. He said that among sectors, IT and Reality indices outperformed both the indices and gained over 4 per cent whereas FMCG and financial stocks registered profit booking at higher levels. “As a result, FMCG index is down over 2 per cent while financial services have shed nearly 1 per cent,” he said. Vaibhav Vidwani, Research Analyst, Bonanza Portfolio, said that at closing, the Indian benchmark indice

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