InvestorQ : What the index heavyweights that gained and which index heavyweights lost value during the trading week ended on 10 April 2020?
Mitali Bhutta made post

What the index heavyweights that gained and which index heavyweights lost value during the trading week ended on 10 April 2020?

Answer
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Dawn Cherian answered.
6 months ago


After a long gap, we had all the 10 most valuable stocks posting gains during the week adding nearly Rs.404,000 crore in market cap during the trading week ending on 10 April 2020. This was a shortened trading week with only 3 trading days. Heavyweights were the big contributors with RIL adding Rs.89,300 crore to its market, HDFC Bank adding Rs.60,700 crore and Hindustan Unilever adding Rs.47,500 crore during the week. TCS and ICICI bank also contributed Rs.40,000 crore each during the week in terms of market cap accretion, while Bharti and ICICI Bank contributed Rs.35,000 crore in terms of accretion.. Among the top 10 stocks all were value creators for the week. The rally was led by short covering in select counters combined with buying on stimulus hopes.