In a week where markets saw incremental gains instead of a runaway rally, 64% stocks (319) in BSE 500 managed to end positive on a week-on-week basis. In this, 8 stocks delivered double digit returns up to 15%, ensuring a 1.6% uptick for the index. While over 30 stocks still closed in the red, the losses were capped in single digits.
Top 10 BSE 500 gainers
The top spot went to Dilip Buildcon which closed with 18% gains. It was followed by NLC India, Hindustan Copper, Intellect Design Arena, Sobha, Samvardhana Motherson International, Gujarat Fluorochemicals and Avanti Feeds, with weekly returns between 15% and 10%.
Adani Energy Solutions (9.8%) and Mazagon Dock Shipbuilders (9.6%) missed the double-digit mark by a whisker.
Top 10 BSE 500 losers
In the BSE 500 pack, 170 stocks closed with declines and the highest fall was seen in Godfrey Phillips India (9%). Meanwhile, Godfrey Phillips India, Nuvoco Vistas Corporation, Star Cement, Trent, Rallis India, Metropolis Healthcare, Balrampur Chini Mills, HLE Glascoat and Gujarat State Fertilizers & Chemicals fell between 8% and 5%.
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Sectoral winners and losers
Sectoral toppers were BSE Capital Goods and BSE Information Technology, each gaining 4.2%. Other major indices like BSE Auto, BSE Metal, BSE Financial Services, BSE Oil & Gas and BSE Healthcare and BSE Realty between 1.9% and 1%.
The only loser in the pack was Bse Consumer Durables at 1.2% decline.
Broader markets saw strong action with BSE Midcap Select and BSE Smallcap Select ending over 2% higher on the weekly basis.
The BSE Sensex settled with gains of 1.5%. In the 30-stock index, 24 closed positive with Bharat Electronics (8%), Bajaj Finance (7%) and Infosys (6%), Adani Ports and Special Economic Zone (APSEZ, 5%) and Axis Bank (5%) were top 5 gainers.
The losers were Asian Paints, Ultratech Cement, Hindustan Unilever (HUL), Eternal, Titan Company and Trent which fell up to 7%.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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