Saturday, July 28, 2018

Sensex, Nifty hit a record high, Nearly 30 stocks rose 20-40% in 5 sessions

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Indian markets created history last week with both benchmark indices rallying over 2 percent each. The S&P BSE Sensex gained 840 points or 2.3 percent while the Nifty50 rose 268 points or 2.43 percent for the week ended 27 July.
The benchmark indices might have risen by a little over 2 percent but nearly 30 stocks on the BSE rose 20-40 percent in the same period.
As many as 8 stocks from the S&P BSE 500 index rallied over 20 percent in the last five trading sessions which include names like Inox Wind, Vijaya Bank, Prism Johnson, Dilip Buildcon, REC, Shriram Transport Finance, Reliance Capital, and Jindal Saw.
21 companies from the S&P BSE smallcap index rose 20-40 percent for the week ended July 27 which include names like JMT Auto, Metalyst Forging, Shree Renuka Sugars, Everest Industries, Monnet Ispat, Alok Industries, Punj Lloyd, Uttam Galva, A2Z Infra, and Atlanta Ltd.
Referenced By- https://www.moneycontrol.com/news/business/markets/sensex-nifty-hit-a-record-high-nearly-30-stocks-rose-20-40-in-5-sessions-2774931.html

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