Markets remained firm during the week despite trade and geo-political tensions. The Nifty gained in all five trading sessions – the first time since November 2017.
The 30-share BSE Sensex rose 91.52 points to end at 34,192.65, while the broader NSE Nifty gained 22 points to 10,480.60.
Factory output measured in terms of the Index of Industrial Production (IIP) had grown by 1.2 per cent in February 2017, as per data released by CSO.
Eight infrastructure sectors grew by 5.3 per cent in February, mainly helped by a robust performance of refinery products, fertiliser and cement segments.
The BSE Sensex slumped 206 points in see-saw trade to close below the 33,000-mark on the last trading session of 2017-18 but finished the fiscal with a gain of 11.30 pc.
Sensex fell by 130 points due to profit booking in realty, capital goods, teck, auto and banking stocks amid weak global trends after the US Fed Reserve's rate hike.
Bears ruled roost for the third week in row, this time on rising geopolitical concerns on fear of escalating trade war pulled down the key indices.
India’s annual retail inflation eased for a second straight month in February to 4.44 percent as food prices fell, government data showed.
India's factory production grew in January to 7.5% over the same month last year, and marginally over the 7.1% recorded in Dec 2017, official data showed.
The Indian stock markets during the upcoming week are expected to take directions from domestic macro-economic data points slated to be released from March 12 onwards.
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