After three long weeks of losses, the Indian equity markets snapped its losing streak ending with smart gains. The NSE Nifty ended above the 5200 mark while the BSE Sensex closed well above the 17000 level.

The BSE Realty, Healthcare and Oil & Gas stocks index were among the top gainers. On the other hand, the Metal index was under pressure throughout the week.

The weekly gains were seen despite The US Federal Reserve’s meeting on Wednesday failed to provide any reason to bring cheer to the markets. The Fed maintained status quo on its economic policies and said the United States economic activity “decelerated” and that more action could come in soon even as Operation Twist would continue. The bank was likely to hold interest rates near "exceptionally low levels" at least through late 2014.

For the week, the BSE Sensex and the NSE Nifty ended at 17197 and 5216 respectively gained ~2.2% each.

Also Read… Sensex pares losses on European gains…Nifty back above 5,200

Sensex top gainers: The top gainers in the Sensex were NTPC  (up 8.5%), BHEL (up 8.3%), Grasim (up 7.8%), Cipla  (up 7.2%) and DLF  (up 6.9%).

Sensex losers: The top losers in the Sensex were Bharti Airtel (down 3.6%), Hero Motocorp (down 2.5%), Hindalco (down 0.7%) and Tata Steel  (down 0.5%).

The BSE IT Index (up 2.4%):The top gainers in the IT sector were Oracle Financial (up 11.8%), Financial Techno (up 10.6%), Mphasis (up 5.6%), Mahindra Satyam (up 5.1%) and Wipro  (up 3.8%).

The BSE Healthcare Index (up 4.3%):The top gainers in the Pharma space were Dishman Pharma (up 25.7%), Suven Life Science (up 12.7%), Aurobindo Pharma (up 12.2%), Morepen Labs  (up 11.4%) and Wockhardt  (up 9.6%).

The top losers were Pfizer  (down 1%) and Glaxosmithkline (down 1%).

The BSE Banking Index (up 1.7%):The top gainers in the banking space were Oriental Bank Of Commerce (up 9.2%), Indian Overseas Bank (up 4.7%), Axis Bank  (up 4.4%), Union Bank Of India (up 4.4%) and Yes Bank  (up 3.8%).

Bank Of India was the only lost, the stock was marginally down 0.5% during the week.

The BSE Auto Index (up 1.6%):The top gainers in the auto space were Ashok Leyland (up 7.1%), Tata Motors  (up 3.8%), Eicher Motors (up 2.2%), Hindustan Motors (up 2.2%) and Bajaj Auto  (up 1.7%).

The top losers were Swaraj Mazda  (down 3.6%), Hero Motocorp (down 2.5%) and M&M (down 0.4%).

The BSE Oil & Gas Index (up 2.5%):The top gainers in the oil & gas space were Essar Oil  (up 14.7%), Hindustan Oil (up 9.6%), Gujarat NRE Coke (up 6.5%), Great Offshore (up 5.8%) and Cairn India (up 5.7%).

The top losers were Chennai Petroleum (down 2.4%), Bharat Petrol (down 0.7%) and Jindal Drilling (down 0.1%).

The Cement Sector: The top gainers in the cement sector were Gujarat Sidhee (up 15.4%), Dalmia Cement (up 13.4%), Jk Cements  (up 12.8%), India Cements (up 10.3%) and Madras Cements (up 9%).

The Telecom Sector: The top gainers in the telecom space were MTNL (up 10.1%), RCom (up 3.4%), Himachal Futuristic (up 2.6%), Gemini Comm  (up 2.6%) and Idea Cellular (up 1.4%).

The Realty Sector (up 4.4%):The top gainers in the real estate space were Peninsula Land (up 9.8%), HDIL (up 8.4%), DLF  (up 6.9%), Parsvnath (up 5.4%) and Ansal Props (up 4.8%).

Mahindra Lifespace fell 1.5% during the week.

The Metals sector (up 0.1%): The top gainers in the metals sector were JSW Steel  (up 8.5%), SAIL (up 1.8%), Lloyds Metals (up 1.2%), Ispat Industries (up 1%) and Jindal Steel (up 0.4%)

The top losers were Sunflag Iron (down 2.1%), Tata Metaliks (down 1.7%), Tata Sponge (down 1.1%), Jindal Stainless (down 0.8%) and Bhuwalka Steel (down 0.6%).