Market this Week: Up to 41% return in a week, these stocks made strong profits

News Topical, Digital Desk : This week, the stock market saw a return of foreign investors, with FIIs purchasing nearly ₹3,000 crore during the week. Meanwhile, domestic investors continued to buy. Amidst this, the major indices closed with gains of over 1.5% for the week. Both mid- and large-cap stocks delivered returns close to those of the major indices. However, small-cap returns remained flat.

How was the week's trading?

During the week, the Sensex gained 1,293.65 points, or 1.59 percent, to close at 82,500.82, while the Nifty 50 index rose 391.1 points, or 1.57 percent, to close at 25,285.35. After remaining sellers for the past 12 weeks, foreign institutional investors (FIIs) became net buyers this week, purchasing equity shares worth ₹2,975.53 crore. On the other hand, domestic institutional investors (DIIs) remained net buyers for the 25th consecutive week, purchasing shares worth ₹8,391.11 crore. Looking at sectoral performance, the Nifty Capital Markets and IT indices led the market with gains of 5 percent each. These were followed by the Nifty Healthcare index, 3 percent gain, the Nifty Realty index, 2.3 percent gain, and the Nifty Private Bank, Nifty Consumer Durables, and Nifty Pharma indices, all closing with gains of 2 percent each. However, the Nifty Media Index fell nearly 3 percent. The broader market performed mixed this week. The mid-cap and large-cap indices rose 1.5 percent, while the small-cap index closed almost flat and underperformed the major indexes. Stock Performance: While the small-cap index remained sluggish during the week, many smaller stocks posted strong gains. More than 10 small-cap stocks returned 15 percent or more. Five stocks rose more than 20 percent. The number of stocks that declined more than 10 percent was less than 10. Jindal Photo's stock rose more than 41 percent during the week. Indo Thai Securities' stock rose more than 23 percent during this period. Indraprastha Medical Corporation and GM Breweries' stocks rose more than 22 percent each. Sky Gold gained more than 20 percent during the week. Additionally, Infibeam Avenue, SpiceJet, South Indian Bank, Cupid, PG Electroplast, and Yatra Online saw gains of 10% each during the week. 

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