This week too, the major indexes of the stock market have seen a decline and this is the second consecutive week when the Sensex and Nifty closed with losses during the week. However, the performance of small and medium stocks has been better during the week. The decline in the stock market has been seen due to selling by foreign investors amid the crisis in the Middle East and the expectation of a new relief package in China. However, amidst all this, there were more than 50 stocks this week where investors got double digit returns i.e. more than 10 percent return.

How was the performance of the stock market?

During the week, the BSE Sensex closed at 81381 with a fall of 307.09 points i.e. 0.37 percent. On the other hand, the Nifty 50 index closed at 24964 with a fall of 50.3 points i.e. 0.2 percent. During the week, both the BSE Smallcap and BSE Midcap indexes managed to register a gain of 1-1 percent in the broad market. On the other hand, the BSE Large Cap remained flat. During the week, both the Pharma and Auto index closed 2-2 percent higher. On the other hand, the IT index and the Nifty Realty index gained around one percent. On the other hand, the FMCG index fell 2 percent. The Nifty Metal and PSU Bank index fell 1.5-1.5 percent. Selling by FIIs continued this week as well and foreign investors sold shares worth Rs 27665 crore during the week. On the other hand, buying by domestic investors continues. DIIs bought equities worth Rs 31363 crore. Where did the earnings happen? During the week, more than 50 stocks have managed to register a gain of 10 per cent or more. More than 10 stocks gained more than 15 per cent. At the same time, 2 stocks increased by more than 20 per cent. Among the top-grossing stocks, Dhani Services rose 28.3 per cent, Usha Martin rose 21.04 per cent, Triveni Turbine rose 18.74 per cent, Newland Lab rose 17.82 per cent, Sasken Technologies rose 16.91 per cent, Quick Heal Technologies rose 16.9 per cent and Sri Rayalaseema High Strength rose 16.53 per cent.