Trent and Bandhan Bank Shine as 16 BSE 500 Stocks Post Double-Digit Gains While 250 Slip into Red

This past week, the BSE 500 index rose by just 0.30%. However, 16 stocks achieved impressive double-digit returns, while 250 stocks fell, dragging down the index. Among the top gainers, CG Power and Industrial Solutions led the way with a 19% increase, followed closely by Triveni Turbine with an 18% gain and Sudarshan Chemical Industries at 16%. Notably, Bandhan Bank and Trent, which were in the news, saw their shares rise by 13% and 12%, respectively.

Other notable gainers included Gujarat Fluorochemicals, Hitachi Energy India, Divi’s Laboratories, Motilal Oswal Financial Services (MOFSL), Dixon Technologies, Ipca Laboratories, Multi Commodity Exchange (MCX), Bharat Dynamics, and Symphony, all of which gained between 10% and 15%.

ADVERTISEMENT

Be part of our community by downloading and registering on the Angel One app. Your support helps us keep delivering quality content.

A total of 61 stocks managed to stay in the green, yielding less than 1% over the five trading sessions.

On the downside, the top laggards were Jubilant Ingrevia, JK Cement, Shree Cement, L&T Finance, CreditAccess Grameen, Vodafone Idea, Shree Renuka Sugars, PCBL, Bank of Maharashtra, and Aegis Logistics, which saw declines between 6% and 8%.

The main S&P BSE Sensex index fell by 0.5% this week, closing at 81,381.36. Only 10 stocks ended in positive territory, with Kotak Mahindra Bank leading with a 4% gain. Most Tata Group stocks, affected by the passing of Ratan Tata, closed lower, with Tata Motors being the only exception. Tata Consultancy Services (TCS), Tata Steel, and Titan Company saw declines of up to 5.13%. In broader markets, the BSE Midcap and BSE Smallcap indices rose by 0.7% and 1%, respectively.

In the BSE Midcap index, the top five gainers were CG Power, Gujarat Fluorochemicals, Bandhan Bank, Dixon Technologies, and Ipca Laboratories. The biggest losers included Mahindra & Mahindra Financial Services, Star Health and Allied Insurance, Tata Communications, BOM, and L&T Finance.

In the BSE Smallcap index, the top gainers were Dhani Services (28%), Sindhu Trade Links (22%), Usha Martin (21%), Triveni Turbine (19%), and Neuland Laboratories (18%). The biggest laggards were Indostar Capital Finance (-9%), Refex Industries (-9%), Ravindra Energy (-9.3%), Paisalo Digital (-10%), and K&R Rail Engineering (-10%).

Looking at sector performance, the BSE Auto sector rose by 2%, followed by BSE Consumer Discretionary (1.6%), BSE Information Technology (1.1%), and BSE Realty (0.9%). However, BSE Consumer Durables (-0.4%), BSE Private Bank Index (-0.5%), BSE Oil & Gas (-1.2%), BSE Utilities (-1.2%), BSE Energy (-1.2%), BSE Fast Moving Consumer Goods (-1.7%), and BSE Metal (-1.8%) were among the lagging sectors.