The stock market has seen a huge loss last week. The index has fallen by about 5 percent during the week. This has proved to be the worst week for the market in the last 2 years. During this period, the loss in the sector index was more than that of Sensex and Nifty. However, there were some small caps in the market which were not affected by this fall, apart from this, these stocks remained a source of bumper earnings for investors last week. Read how the market was last week.
How was the market?
During the week, the Sensex closed at 78041 with a fall of 4091 points i.e. 4.98 percent. On the other hand, the Nifty 50 index closed at 23587.5 with a fall of 1181 points i.e. 4.76 percent. During this period, the BSE power and metal sector index fell by about 7 percent. The capital goods index fell by 6 percent, the telecom sector index fell by 5.7 percent. The decline in the broad market was between 3 and 5 percent. This week, foreign investors sold equity worth Rs 15828 crore in the market. On the other hand, domestic investors bought equity worth Rs 11874 crore. How was the performance of the stocks? During the week, there were more than 20 stocks which gave a return of 10 percent or more. However, on the other hand, more than 30 stocks fell by 10 percent or more during the week. The rising stocks include Fairchem Organics (up 48.71 percent), Tanfac Industries (up 27.82 percent), Vakrangee (up 18.04 percent), Five star business finance (up 17.71 percent), Tamil Nadu NewsPrint (up 16.64 percent). Apart from this, 63 Moons Technologies, Yasho Industries, Kalyani Steels, Pricol, Stove Craft, Shoppers Stop are among those that registered a gain of 10 to 15 percent . On the other hand, Sanghi Industris, Jai Corp, MM Forgings, NIIT, RBL Bank, Jain Irrigation Systems saw a decline of 10 to 20 percent during the week.
--Advertisement--