Weekly Review: Sensex, Nifty slight decline

Indian stock markets fell slightly last week. Bombay Stock Exchange (BSE), the 30-share benchmark index fell 0.08 per cent, or 19.38 points to close at 24435.66 on Friday. Similarly, the National Stock Exchange (NSE) 50-share sensitive index Nifty fell 0.21 per cent, or 15.35 points to close at 7422.45. Last week, 15 of the 30 Sensex stocks gained. Axis Bank (13.50 per cent), Gail (9.31 percent), BHEL (7.91 percent), Tata Steel (7.48 per cent) and Hero (7.19 per cent) were the fastest. Major Sensex losers were Reliance Industries (6.45 percent), Coal India (5.74 percent), Hindustan Unilever (3.92 percent), Maruti (3.88 per cent) and Cipla (3.61 per cent) were the fastest.

Midcap and smallcap indices fell more than one percent last week. Midcap 1.46 percent or 150.68 points at 10193.05 with a loss of 1.71 percent or 184.5 points lower and the BSE Smallcap closed at 10598.38 with. According to official statistics released on Monday, January 18th, the country's commodity exports declined in December to $ 22.29 billion, the 13th consecutive monthly decline. Commodity exports in the same period a year earlier to $ 26.15 billion. Imports also declined 33.96 per cent of the 3.88 billion in the year-ago period was $ 35.33 billion. Although the trade deficit rose to $ 11.66 billion was recorded, which was a year ago to $ 9.18 billion. January 19, according to data released Tuesday by China in the fourth quarter of 2015 the growth rate of 6.8 percent, which was 6.9 percent in the third quarter. China's growth rate of 6.9 percent for the whole year, which is the lowest level in the last 25 years.

IMF World Economic Outlook report released on Wednesday January 20, 2016 and 2017 global growth forecast reduced by respectively 3.4 and 3.6 per cent. International economy Thursday January 21 the European Central Bank (ECB) kept its main interest rate unchanged at the old level. The ECB said in a statement after his Shaskiy Council meeting, the "main" Rifaynens operations, the marginal lending facility and deposit facility rates at respectively 0.3 percent and negative 0.3 percent to 0.05 percent will remain. "" Interest rates on the lower level ECB to increase inflation in the euro zone is maintaining and sluggish economy needs infusion. The ECB's program to buy the property extended to six months. Under the 60 billion euros by March 2017 every month (about 65.4 billion) purchase of property will increase the liquidity of the market.