This week started with an impressive opening, Monday morning was quite stressful because of the upcoming budget and market was moving slow but the market starting falling heavily downwards as the budget was getting announced. After the completion of the full budget announcement, market surprisingly took a jump of approx 467 points on that day. While following the same trend the Indian Market closed with an approximate hike of 3.5% on Tuesday. Except the Telecom and Aviation, all other sectors had received major hikes on that day. The Stock Market seemed slowing down on Friday but still ended up with positive leads. Overall this week, Sensex hiked up by 1552 points and Nifty hiked up by 462 points.
This week Rupee has received the gain of 2.2% against the Dollar and went up to the top of last 12 weeks. This whole Rupee has performed nicely and got closed at 67.08 with the hike of 26 paise on the last trading day.
The week starting wasn't mach good for Mcx Commodities but in the last 2 days Mcx made a surprising recovery and ended up in green zone with positive leads. Overall this week, Gold hiked by approx 208 points and Silver hiked by approx 1700 points.