Stock movements through the week- 1–5 May 2017, Tomorrow Prediction (Monday)

The benchmark indices settled with moderate losses at the weekend as profit booking emerged to an extent. The BSE Sensex settled below the 30,000 mark after regaining that level during the week. The NSE Nifty had hit record closing high at 9274.24 on 5 May 2017. 

The market chopped down in two out of four sessions in shortened trading week. The market remained closed on Monday, 1 May 2017, for Labours day. 

Stability in global stocks helped key benchmark indices snap 2-day losing streak and settle with minute gains after a range-bound session of trade on Tuesday, 2 May 2017, when the Sensex rose 2.78 pts or 0.01% to settle at 29,921.18, its peak closing level since 27 April 2017. 

Key benchmark indices ended the lackluster trading session with small losses on Wednesday, 3 May 2017, due to European stocks weighed on sentiment. The Sensex dipped 26.38 pts or 0.09% to settle at 29,894.80, its lowest closing point since 24 April 2017. 

Key indices clocked modest gains on Thursday, 4 May 2017 maintained by positive sentiment in European trading, when the Sensex rose 231.41 pts or 0.77% to settle at 30,126.21, its highest closing mark since 26 April 2017. 

Market witnessed modest losses on Friday, 5 May 2017 tracking slackness in European stocks. The Sensex lost the day 267.41 pts or 0.89% to settle at 29,858.80. From the Sensex pack, 15 stocks rose and 50 stocks fell.

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