Stock Market Today: Nifty, Sensex Post Worst Weekly Losing Streak In Nearly Two Years

• Nifty close 1% lower for the week.

• Benchmarks fell over 1% for the week.

• Nifty and Sensex fell for the fifth straight week.

• Nifty midcap 150 fell nearly 2% for the week, drag by Indus Tower and MRPL.

• Nifty midcap 150 fell for the 2nd straight week in a row.

• Nifty small cap 250 fell 3% for the week, drag by PNB Housing and Home First Finance.

• All sectoral loses for the week barring Nifty FMCG

• Nifty FMCG gains nearly 3% for the week, led by Varun Beverages and HUL.

• Nifty Realty emerges as the top losing sector for the week, loses 6% for the week

• Godrej Properties and Brigade Enterprises fell the most in Nifty Realty.

• Nifty Media, Nifty PSU Bank and Metal fell over 3% for the week.

• Nifty Media, Auto, PSU Bank, oil and Gas, Realty, IT and Metal loses for the 2nd week in a row.

• Nifty Pharma loses 3% for the week, snaps 2-week gaining streak.

• Rupee closed 6 paise stronger at 87.54 against US Dollar

• It closed at 87.60 a dollar on Thursday.

Source: Cogencis

Coromandel Engineering received total order worth Rs 134 crore for construction purposes, the company said in the exchange filing.

UPL Q1 Highlights (Consolidated, YoY)

• Revenue up 1.6% at Rs 9,216 crore versus Rs 9,067 crore.

• Ebitda up 13.7% at Rs 1,303 crore versus Rs 1,146 crore.

• Margin at 14.1% versus 12.6%.

• Net Loss of Rs 88 crore versus a loss of Rs 384 crore.

The Supreme Court allowed review petition by the JSW Steel Ltd., and recalled the judgement in Bhushan Power And Steel Resolution plan case, the company said in the exchange filing.