There are total 6 sectors in nifty index, in terms of performance realty and infrastructure sectors have been the major underperformer, while cement, FMCG health care and pharmaceutical sector was the major outperformer. Being stock specific ACC, Ambuja cement, ITC, Drreddy and Sunpharma has been in a clear uptrend on charts. Stocks that were clear downtrend on charts are dlf, hdil, aban and sbin. Power sector was an underperformer nifty; capital goods sector also saw major slowdown hence stocks like LT (Larsen and toubro) and BHEL were on downtrend on weekly chart. Banking sector even saw hit, major banking stock like state bank of India, ICICI bank, Punjab national bank, Bank of Baroda, HDFC bank were big losers from banking space. IT sector has outperformed market most of large IT names were gaining momentum even in bad market condition, most of them have benefited from the strength in US dollar and those stocks are Infosys, TCS and Wipro. Oil and gas were neutral Reliance, Gail and ONGC were moving sideways in medium term.