Bulls managed to keep an upper hand in a week which witnessed wild swings on either side. The S&P BSE Sensex rallied 0.8 percent while the Nifty50 witnessed a rise of 1.05 percent for the week ended December 14.
However, what really stood out was the broader market which outperformed benchmark indices. The BSE Midcap index rose 3.2 percent while the S&P BSE Small-cap index ended 2.8 percent higher on weekly basis.
As many as 58 stocks in the S&P BSE Small-cap index rose 10-40 percent in the week gone by which include names like Welspun Enterprises, Dhampur Sugar, United Bank of India, Dish TV, BEML, Timken India, Can Fin Homes, Nitco, PC Jeweller, Reliance Naval, and Tata Steel etc. among others.
Source- Money Control
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