Here's how the week ended at the Markets today

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Here's how the week ended at the Markets today
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Indian stocks fell for the fifth day in a row on Friday as quarterly earnings from Larsen & Toubro and ITC disappointed analysts even as traders found value in beaten down private lenders ICICI, Kotak and Yes Bank.

The Nifty, which traded in positive territory for the first half-hour, dropped 46 points to close at 8,065 points, bringing this week's losses to 3 percent. Mahindra & Mahindra, ITC, Larsen & Toubro, Vedanta and Bosch were the top losers on the index while private banks Kotak, ICICI, Yes and NTPC and Dr. Reddy's made it to the top five winning slots on the index. The Nifty's Advance-Decline Ratio stood at 16/34 and Larsen, Axis and ICICI Bank were the three top traded counters on the benchmark. NTPC, post a stellar set of quarterly earnings, was the top gainer on the Nifty.

Suzlon, Unitech and JP Associates were the most traded stocks on the National Stock Exchange.

Broader markets suffered losses. Major benchmarks -- the CNX 100, CNX 200 and CNX 500 -- dropped 0.5 percent each. The Small Cap index shed 1.2 percent even as modest gains were seen on the Bank Nifty and the Finance sector benchmarks. ITC's disappointing results were reflected on the 2.5 percent plunge on the FMCG Index. The Auto and the Media space, too, came under selling pressure.

Sentiment slipped on the Bombay Stock Exchange too with the Sensex dropping 181 points, or 0.7 percent, to 26,657 points.
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The broader market was also on a weak footing with just 998 shares rising compared with 1,614 that fell.

Trade was tentative on the derivatives space on the first day of the new monthly expiry. The Power sector was the lone gainer while futures in the capital goods space took in heavy selling. Strong gains were witnessed on Bharat Forge, Glenmark and Sun TV Futures. Hindalco, Lupin and TCS were among gainers while BHEL, GAIL, Coal India and HDFC dropped in trade.

GIC Housing Finance, Atul Ltd and MRPL were on the top volume buzzers list and LT Foods, IDBI Bank and Gayatri Projects hit fresh highs on the exchange.

Image credit: Indiatimes