Looking back at the market action in this week, the

Indian market started the week and FY 2018 with a bang, as both the major indices reached their all-time closing highs.

After a trading off on Tuesday, markets witnessed cautious trading keeping the bi-monthly RBI policy review in view. However, the key indices extended gains on Wednesday in a range bound session.

On Thursday, frontline indices came under pressure right from the start of the session. The Monetary Policy Committee decided to leave the repo rate unchanged at 6.25 pct and hiked reverse repo rate by 25 basis points to 6 pct.

However, after the Committee s announcement, indices trimmed intraday losses to end marginally lower.

Equities experienced a steep fall on the last day of the week, tracking weakness from negative global cues. Global markets put up a depressed picture after the U.S. fired cruise missiles into Syria.

Meanwhile, foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) bought shares worth Rs 1,243.52 crore during the week, as per Sebi's record including the provisional figure of April 7.

Among the 30-share Sensex pack, 15 stocks ended higher while remaining 15 closed lower during the week.

The total turnover during the week on BSE and NSE fell to Rs 16,104.66 crores and Rs 1,05,939.97 crores, respectively during the week from their last weekend's level of Rs 52,203.39 crores and Rs 1,51,164.12 crores. (MORE)

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)