InvestorQ : Which Nifty stocks performed well in the week ending 19 March and which were the stocks that were laggards?
Arti Chavan made post

Which Nifty stocks performed well in the week ending 19 March and which were the stocks that were laggards?

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Rutuja Nigam answered.
2 months ago
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For the week ending 19 March, 8 out of the top-10 most valuable companies with the highest market cap on the National Stock Exchange or the NSE saw value erosion to the tune of Rs.138,977 crore. The two stocks that took the biggest hit during the week gone by were Reliance Industries and HDFC Bank, as market leaders came under market selling pressure.

Sensex ended the week 934 points down. There were only 2 gainers viz. Hindustan Ujnilever added Rs.25,295 crore and TCS added Rs.2,349 crore to the market cap. Among the big value losers, RIL lost Rs.35,976 crore, HDFC Bank Rs.30,062 crore while Kotak Bank lost market value to the tune of Rs.20,787 crore.

In addition, other stocks that lost market value included ICICI Bank Rs.18,173 crore and Infosys Rs.12,460 crore. There were smaller loses as SBI eroded Rs.9,013 crore in market value while HDFC and Bajaj Finance jointly depleted Rs.12,500 crore in market value.

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