DXY Dollar Index Price Extends Sideways Move, Impacted by Key Data forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
The British Pound may move lower against the US Dollar and Japanese Yen after prices turned lower at key chart barriers despite upbeat second-quarter GDP data.
Key benchmark indices rebound after a sluggish start as strong global cues aid recovery
The benchmark index showed further correction initially in the first two trading sessions and made a low at 15,578.55. Post-that, a bull came into action, and further recovery in the index was witnessed. It recovered more than 250 points from the weekly low and settled at 15,850.40 levels on the Friday session while Bank Nifty ended the week at 35,034.40 levels.
Sectoral indices like Nifty Auto, PSU Bank and Media were the top weekly laggards, whereas Nifty IT and FMCG were the prime gainers on a weekly basis. Despite that volatile momentum, a few stocks like Bharti Airtel, Ultra Cements, Wipro, and Asian Paints were the weekly gainers. IndusInd Bank, HDFC Bank and Tata Motors were the top laggards for a week.
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