Market This Week: Market fell during the week, but these stocks made good profits

News Topical, Digital Desk : Due to weak foreign signals, the market witnessed sharp fluctuations this week and the major indexes closed with a loss of more than one percent. On the other hand, the signals of the broad market were mixed. Large cap and small cap saw a loss of around one percent, although the small cap index remained flat. Selling by foreign investors continued this week as well. However, amidst all this, small stocks moved ahead and many stocks saw a gain of 20 percent or more during the week.

How was the trading this week?

During the week, Sensex closed at 81119 with a fall of 1070 points or 1.3 percent. Nifty 50 fell by 284 points or 1.13 percent and the index closed at 24719. During this period, Nifty Realty Index fell by 3 percent. The index of public sector banks fell by 2.3 percent and the FMCG sector index fell by 2 percent. This week also saw net selling by foreign investors and this was the fourth consecutive week when FIIs proved to be net sellers in the market. During the week, foreign investors sold shares worth Rs 1246 crore. On the other hand, domestic investors continued buying and made net purchases of Rs 18637 crore during the week. Where was the earning this week? During the week, more than 40 stocks rose by more than 10 percent, out of which 10 stocks saw a rise of 20 percent or more. While 5 stocks registered a decline of 10 percent or more, the top gainers were Advait Energy Solutions, which gained 28 percent, RattanIndia Enterprises and SMC Global, which gained more than 25 percent. GOCL Corp, Suratwwala Business Group, Motisons Jewellers and Electrosteel Castings gained more than 20 percent. GE Power, NELCO, VIP Industries, NIBE, Manappuram Finance are among those that registered a gain of more than 10 percent in a week. (Disclaimer: The advice or views given on CNBC TV18 Hindi/CNBC Awaaz are the personal views of the experts or brokerage firms. The website or management is not responsible for it. Consult your financial advisor or certified expert before investing.)

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