InvestorQ : How did the market leaders perform in the stock market in the previous week ended on 14 February 2020?
Neelam Naik made post

How did the market leaders perform in the stock market in the previous week ended on 14 February 2020?

Answer
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Priyanka N answered.
7 months ago


Another bullish week ended led by the big guns. During the week, 8 out of the top 10 companies adding nearly Rs.1.10 trillion to market cap. Reliance Industries alone contributed nearly 30% of the total addition to market cap. Among the other companies that contributed substantially were TCS, HUL, ICICI Bank, Bharti Airtel and Bajaj Finance. Both HDFC Bank and HDFC slid during the week on higher inflation concerns and also the worsening situation of Vodafone solvency. For the week overall, the Sensex climbed up by 115 points but the kurtosis continued with most of the action coming only from the handful of heavyweights in the index. Of course, the high inflation and the virus scare in China kept the markets under some degree of pressure.