Top 5 performers of last week
DSIJ Intelligence / 07 Aug 2017
Since last week the Nifty and Sensex has been moving sideways. We evaluated a set of 2,750 companies to analyze the stock performance. Out of the total stocks ~65 percent scrips reported negative performance in last one week.
Since last week the Nifty and Sensex has been moving sideways. We evaluated a set of 2,750 companies to analyze the stock performance. Out of the total stocks ~65 percent scrips reported negative performance in last one week. Out of the remaining ~35 percent scrips, only 15 scrips have given returns above 25 percent in one-week duration i.e. between 28th July to 4th August 2017.
Top five companies which have given highest returns in last week are –
Positive impact of GST is seen on iron and steel industry thereby leading the companies to outperform in the stock market. Sugar companies are also showing strong performance as demand is rising due to onset of festive period. NTC Industries has shown strong upward movement in spite of Government’s decision of increasing compensation cess on cigarette prices.
BSE Sensex closed at level of 32,309.88 on 28th July 2017 and at 32,325.41 on 4th August 2017.
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