Check out the stocks that outperformed in the flat week
Exit Poll predictions indicated that BJP will emerge as a winner in both Gujarat and Himachal Pradesh assembly polls. This provided the impetus to Nifty to regain the losses the index incurred during the week.
During the week dated December 11 – December 15, 2017, market was volatile. November CPI shooting up to 15-month high and IIP output growth slowing to a 3-month low of 2.2% in October, FED’s decision of hiking interest by 25bps and rising crude oil prices led to volatility in the market.
Nifty 50 touched a low of 10,192 levels. However, on Friday December 15, 2017 Nifty 50 and Sensex closed 81 and 216 points up respectively.
Exit Poll predictions indicated that BJP will emerge as a winner in both Gujarat and Himachal Pradesh assembly polls. This provided the impetus to Nifty to regain the losses the index incurred during the week.
On Friday, on back of this exit polls outcome, the markets witnessed an upward run. This enabled the index to close on a flat note with a positive bias.
During the volatile week, there were stocks that have outperformed the Nifty50 index
Following are the stocks that outperformed the index:
Company | December 11,2017 | December 15,2017 | Gain |
Dr. Reddys Laboratories Ltd. | 2,192.9 | 2,371.5 | 8.1% |
AIA Engineering Ltd. | 1,527.8 | 1,650.5 | 8.0% |
Natco Pharma Ltd. | 959.7 | 1,023.7 | 6.7% |
Ipca Laboratories Ltd. | 533.6 | 565.1 | 5.9% |
IRB Infrastructure Developers Ltd. | 204.4 | 216.1 | 5.7% |
Balkrishna Industries Ltd. | 2,384.4 | 2,498.2 | 4.8% |
Endurance Technologies Ltd. | 1,217.1 | 1,274.3 | 4.7% |
Mahindra & Mahindra Ltd. | 1,418.3 | 1,483.4 | 4.6% |
Oberoi Realty Ltd. | 455.3 | 475.1 | 4.3% |
Mindtree Ltd. | 545.9 | 566.6 | 3.8% |
Shree Cement Ltd. | 17,200.3 | 17,784.5 | 3.4% |
Havells India Ltd. | 538.7 | 556.1 | 3.2% |
Castrol India Ltd. | 403.5 | 416.2 | 3.1% |
Categories: BSE Sensex
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