It was a mixed week for the markets. There were stocks that gained 25% and others that lost 25% in value in a single week. Similarly, there were stocks that touched 52-week highs during the week while others touched 52-week lows. For example, stocks like TVS Srichakra, India Cements, M&M, Cipla, Escorts and NIIT Tech gained over 25% during the week while Sadbhav, Cholamandalam Investments, IndusInd Bank and DCB lost over 25%. Aurobindo, Adani Green, JB Chemicals and Syngene hit 52-week highs while stocks like Bajaj Finance, Brigade, Welspun, Bajaj Finserv and SBI hit 52-week lows in the week. The mid cap space was a lot more stock specific and driven by specific news triggers.
It was a mixed week for the markets. There were stocks that gained 25% and others that lost 25% in value in a single week. Similarly, there were stocks that touched 52-week highs during the week while others touched 52-week lows. For example, stocks like TVS Srichakra, India Cements, M&M, Cipla, Escorts and NIIT Tech gained over 25% during the week while Sadbhav, Cholamandalam Investments, IndusInd Bank and DCB lost over 25%. Aurobindo, Adani Green, JB Chemicals and Syngene hit 52-week highs while stocks like Bajaj Finance, Brigade, Welspun, Bajaj Finserv and SBI hit 52-week lows in the week. The mid cap space was a lot more stock specific and driven by specific news triggers.