Mumbai: There was a softening in foreign markets last week due to the concern of the delta variant of the Covid-19 virus, which also affected the domestic stock markets. BSE’s 30-share sensitive index Sensex closed at 52,386.19 on Friday, down 98.48 points, or 0.19 per cent, weekly. The Nifty of the National Stock Exchange too fell 32.40 points, or 0.21 per cent, during the week to end at 15,789.80 on the weekend.
In the coming week, on May 12, the data of industrial production for May and retail inflation for June are to be released. The June figures for wholesale inflation will come on Wednesday. All these will have an impact on the market. Along with this, investors will also be watching the financial results of the first quarter of many big companies. Among the companies included in the Sensex, the quarterly results of Infosys will come on July 14 and Wipro on July 15.
Last week, Sensex and Nifty rose on Monday and Wednesday, while the other three days closed in the red mark. During this, the Sensex had reached a record level of 53,054.76 points and the Nifty 15,879.65 points on Wednesday.