The trend of setting new record levels in the stock market continued last week as well. For the second consecutive week, the market set a new record high. Last week, large cap stocks accelerated the market. On the other hand, many small and medium stocks made investors earn good money. According to the data, this week there were about 50 such stocks where investors got double digit returns. During the week, the stock saw a maximum increase of about 60 percent. That is, one lakh rupees invested by an investor in this stock a week ago has now increased to about 1.6 lakh rupees.
How was the market performance?
Last week, the market has seen growth for the third consecutive week. During this, the Sensex closed at 85571.85 with a gain of 1027 points i.e. 1.22 percent and the Nifty closed at 26,179 with a gain of 388 points i.e. 1.5 percent. During the week, the large cap index has increased by 1.5 percent. The midcap gain was less than one percent. On the other hand, the smallcap index has closed flat. On September 27 itself, the BSE Sensex and Nifty recorded new all-time highs of 85978 and 26277. During this period, all sectoral indices remained in the green. The metal index registered the highest gain of 7 percent, while the oil and gas index rose by 5 percent. Where did the big earnings happen? During the week, about 50 stocks saw a gain of more than 10 percent. 9 stocks rose by more than 25 percent. Two stocks have gained more than 30 percent and one stock has gained more than 50 percent. The top gainers during the week are Zee Media Corporation (59 percent), Refex Industries (37 percent), Sree Rayalaseema Hi Strength (29 percent), BF Utilities (28.5 percent), Reliance Power (27.5 percent). Apart from this, investors have also earned more than 20 percent in PC Jeweller, Pratap Snacks.
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