Sensex ends FY18 with 11% gain; investors richer by Rs 20.70 trillion

On a weekly basis, the Sensex rose 372.14 points, or 1.14%

The benchmark BSE Sensex slumped 206 points in a see-saw trade on Wednesday to close below the 33,000-mark in the last trading session of 2017-18, but finished the year with a gain of 11.30 per cent.
 
Besides weak global cues, squaring-up of bets by investors due to end of March expiry in the derivatives segment halted its two-session winning run, brokers said. On the macro front, official data showed India’s fiscal deficit soared to Rs 7.15 trillion at the end of February, exceeding the revised target for the full fiscal year, which further hit sentiment.
 
The broader 50-share