Up, Down naah - it was Neutral week

Thanks to stimulus measures and robust domestic demand, India's industrial output jumped 10.3% in October 2009 from a year earlier.Manufacturing production rose 11.1% in October 2009 from a decline of 0.6% a year earlier. September's annual industrial growth rate was revised upward to 9.6% from 9.1% previously.

BSE 30-share Sensex rose 17.49 points or 0.10% to 17,119.03 in the week ended 11 December 2009. S&P CNX Nifty rose 8.40 points or 0.20% to 5117.30.

BSE Mid-Cap index underperformed the Sensex, falling 0.40% to 6,574.49, while the BSE Small-cap index outperformed the Sensex, rising 1.48% to 7,968.65.

Banking shares fell on a likely monetary tightening of the monetary policy by the RBI. Realty stocks slipped on profit taking. FMCG shares were mostly higher on defensive buying. Software shares advanced on encouraging US job data.

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