InvestorQ : For the week ended 07 May, which were the major stocks that gained and lost among the heavyweights?
Anamika Sodhani made post

For the week ended 07 May, which were the major stocks that gained and lost among the heavyweights?

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Angel dcosta answered.
1 month ago
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For the week ended 07 May, 80% of the 10 most valuable companies in the Nifty in terms of market capitalization managed to add Rs.81,251 crore in terms of value accretion. There were only two loses in the top 10 most valuable companies with Reliance losing a massive Rs.40,000 crore in the week. This was largely on account of weak profit growth in the O2C business as well as a sharp fall in telecom ARPUs. Infosys was the other loser in the week.

TCS was the biggest gainer in the week adding Rs.34,623 crore in market cap while HUL added Rs.13,898 crore and HDFC added Rs.13,728 crore. Among gainers, Kotak Bank added Rs.6,213 crore, ICICI Bank Rs.4,429 and SBI Rs.4,239 crore, while a few more also gave positive returns.

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