How did the market heavyweights perform in the markets during the week ended on 11 June?
Answer
Answer
In a nutshell, you can say that it was a mixed week with mixed performance by the heftiest stocks on the Nifty index. Numerically, a total of 5 out of the 10 most market-cap heavy stocks added market value to the tune of Rs.101,389 crore. Sectoral story was that of IT during the previous week. For example, TCS value spurted by Rs.47,551 while Infosys added Rs.26,227 crore.
Apart from the big-2 IT stocks, Reliance added Rs.14,200 crore, Bajaj Finance Rs.7,560 crore and Hindustan Unilever spruced up its weekly gains by Rs.5,851 crore. The HDFC twins came in for some value depletion during the week with HDFC dipping Rs.10,968 crore and HDFC Bank Rs.8,250 crore. Among the others, ICICI Bank gave up Rs. 4,928 crore while Kotak Bank was also among the value losers in the week.