Diversified gains 7.4% over the week; Banks up 5.0%

The week's biggest sector moves were all gains: Diversified up 7.4%, Banks up 5.0%, Insurance up 4.3% on the average of their tracked constituents over the five sessions.

1 of 2 tracked Diversified constituents rose over the week. GODREJIND (+16.9%) led and ADANIENT (-2.1%) followed; ADANIENT (-2.1%) was weakest.

In the news: Godrej Prop Q2 Results: Profit Surges Over Two-Folds As Margins Expand, Revenue Up 45%; Godrej Industries among 4 stocks showing RSI trending up; Godrej Capital raises ₹2,500 crore from Temasek at ₹28,000 crore valuation.

31 of 31 tracked Banks constituents rose over the week. DCBBANK (+15.5%) led and PNB (+12.8%) followed; INDUSINDBK (+0.5%) was weakest.

In the news: Softbank further trims India exposure, sells Meesho shares worth ₹1,885 cr; YES Bank files SC review plea over AT-1 bonds: What does it mean for investors after stock's 15% rebound?; YES Bank seeks SC review of ruling on ₹8,415 crore AT-1 bond write-down.

10 of 11 tracked Insurance constituents rose over the week. POLICYBZR (+14.3%) led and CANHLIFE (+10.4%) followed; GICRE (-1.2%) was weakest.

In the news: MSCI rejig: Which stocks may see the biggest inflows & outflows?; ICICI Life, HDFC Life rally up to 5%; what's driving insurance stocks?; Stock Market Today: Sensex Gains Over 100 Points, Nifty 50 Above 25,250; HDFC Life, Bajaj Twins, Shriram Finance Lead.