The stock market has seen a rise this week and the major indexes have closed with a gain of more than 2 percent. This is the third consecutive week when small stocks have performed better. This rise in the market has been due to the support received from foreign investors during the week along with positive signals. This week FIIs have been net buyers in the market. Investors have made huge profits in small stocks and the stocks have increased by about 46 percent in a week.
How was the week's trading?
This week, the BSE Sensex closed at 81709 with a gain of 1906.33 or 2.38 percent and the Nifty 50 index closed at 24677.8 with a gain of 546.7 points. The BSE Midcap and BSE Smallcap indexes have gained 3-3 percent. The Large Cap index has increased by 2.4 percent. The Nifty Realty and PSU Bank index have increased by 5-5 percent. The Metal and Media index has increased by 4 percent and the Nifty IT index has increased by about 4 percent. This week, FIIs have proved to be net buyers in the market; they bought equity worth Rs 11933 crore during this period. On the other hand, domestic investors have bought net equity worth Rs 1792 crore. Which stocks made money? This week, there were more than 30 stocks where investors' money increased by 15 percent or more in a week. On the other hand, 14 stocks have seen a gain of more than 20 percent, 8 stocks have seen a gain of more than 25 percent and 4 stocks have seen a gain of more than 30 percent. The top gainers include Lincoln Pharma (45.91 percent), EKI Energy (35.8 percent), Shivalik Rasayan (34.31 percent), Goldiam international (31.67 percent), Om Infra (27.74 percent), AGI Greenpac (26.67 percent), HEG (26.61 percent), Borosil renewables (25.17 percent).
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