In anticipation of good job data coming from the US, Indian markets traded in short range. Nifty closed 30.95 points up at 5,867.90 while Sensex saw a jump of 84.98 points and closed at the level of 19,495.82.
The wider index Nifty again saw selling pressure as it tried to breach the 5,900 level and finally closed just 0.5 per cent up. On weekly basis, PSU Index fell 2.2 per cent followed by Banking Index which closed 1.66 per cent down. FMCG index was the best performer which rose over 6 per cent in the past week. Apart from FMCG, Healthcare Index rose 2.69 per cent through the week.
Thermax, IDFC and JP Associates were the biggest gainers and closed 5.6 per cent, 4.43 percent and 3.72 per cent respectively. Wockhardt was the biggest losers on Friday and closed 7.9 per cent down followed by Gitanjali Gems and MMTC, both of which saw a fall of nearly 5 per cent.
Rupee again traded in pressure and closed weak at 60.22 per dollar. During the intra-day trade is again rose up to the levels of 60.58 but then recovered from the day high. Crude oil continues to trade above $101 per barrel even though small profit booking was seen during the session.
Meanwhile, premium for forward dollar declined further on sustained receipts by exporters. Benchmark six-month forward dollar premium payable in December softened to 171-172-1/2 paise from Thursday's close of 172-1/2-174-1/2 paise.
On the global front, European markets saw profit booking as investor took what ever profit they had made in the recent rally. Towards the evening US labor department released June job data which was above what market was expecting. A total 195,000 jobs were added in the month of June and the unemployment rate remained unchanged at 7.6 per cent.