The main index gained one percent while 30 small-cap stocks rose as much as 31%
AHMEDABAD: During the last Diwali week, the main indices of the market registered a one percent improvement amid the volatile environment in the Indian stock markets amid the holiday mood. On the other hand, there was an increase of up to 31 percent in selected 30 small cap stocks.
According to the informed circles of the market, on the day of Muhurta last Monday, after the last 14 years' biggest rise in the market, volatility was seen in the market due to various factors in the rest of the days. Various factors mainly include global reports including F&O expiry, company results and FII performance.
Thus, at the end of last week's volatility, the Sensex recorded a jump of 653 points and remained strong at 59960 and Nifty 210 points higher at 17787.
Among the sectoral indices, Bank, Auto, Oil-Gas indices rose. While a retreat was seen in the FMCG index. The BSE smallcap index gained a meager 0.4 percent and the midcap and largecap indices gained one percent each.
In the past week, there was an improvement of 10 percent to 31 percent in selected small cap stocks even amid volatility. During this time FIIA Rs. 3986.25 crore was purchased. While the local bodies Rs. 1240.47 crore was sold.
Smallcap stocks improve
Company | increase (in percent) |
D-Link India | 31.06 |
tans.and recti fire | 20.65 |
India second | 20.06 |
South Indian Bank | 19.05 |
Muthot Capital | 18.84 |
J Kumar Infra. | 18.40 |
Sasken Techno. | 18.24 |
Rama Steel | 17.87 |
Tourism Fi. | 17.12 |
Llan Electric | 16.51 |
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