Markets started the festive season on a positive note with the S&P BSE Sensex hitting a new all-time high after five years and 10 months on Friday.
Buying frenzy a day earlier, which was also the last day to roll over positions in the F&O segment to the November series saw the markets registering Rs 5-lakh crore turnover for the first time ever.
While the indices have scaled up to a new high, investors have mostly preferred to stay with the defensive pack - pharmaceuticals, fast moving consumer goods (FMCG) and information technology (IT) stocks. Automobile stocks, too, found flavour with the investors.
Of the eight stocks that saw a spectacular gain of over 100 per cent in the past five years, three stocks belong to the automobile pack, two each are from the pharmaceutical and the fast moving consumer goods (FMCG) space and a lone ranger from the information technology pack.
Among individual stocks, Sun Pharma tops the list with a gain of 444 per cent, followed by TCS (up 323 per cent), Hero MotoCorp (up 204 per cent) and ITC (up 185 per cent).
On the other hand, BHEL (down 71%), Tata Steel (down 62 per cent), Jindal Steel & Power (down 53 per cent), Tata Power (down 47 per cent) and NTPC (down 45 per cent) were some of the losers in this period.
Points out Deven Choksey, MD & CEO, K R Choksey Shares and Securities: “Overall, the market momentum is likely to remain intact in the next month though there can be some intermittent corrections, but support buying is likely to kick-in. Nifty is likely to remain in the range of 5,900 - 6,400. Sesa Sterlite, Tata Motors and Reliance Industries seem investment worthy.”
Jan-08 | Nov-13 | Chg (%) | |
Sun Pharma | 109.35 | 609.80 | 457.66 |
TCS | 487.35 | 2124.60 | 335.95 |
Dr Reddys Labs | 690.45 | 2485.85 | 260.03 |
Hero MotoCorp | 686.80 | 2138.00 | 211.30 |
ITC | 109.85 | 333.00 | 203.14 |
Hindustan Unilever | 228.80 | 609.00 | 166.17 |
Tata Motors | 145.55 | 386.30 | 165.41 |
Mahindra & Mahindra | 401.57 | 885.20 | 120.43 |
Infosys | 1602.20 | 3303.00 | 106.15 |
Cipla | 202.15 | 416.40 | 105.99 |
HDFC Bank | 343.98 | 683.00 | 98.56 |
Maruti Suzuki | 907.65 | 1647.50 | 81.51 |
Wipro | 292.56 | 481.20 | 64.48 |
HDFC | 625.79 | 857.00 | 36.95 |
Sesa Sterlite | 175.38 | 204.15 | 16.40 |
GAIL | 326.66 | 350.50 | 7.30 |
ONGC | 323.05 | 290.50 | -10.08 |
ICICI Bank | 1356.70 | 1135.00 | -16.34 |
SBI | 2274.18 | 1835.00 | -19.31 |
Bharti Airtel | 482.97 | 364.50 | -24.53 |
Larsen & Toubro | 1402.40 | 977.70 | -30.28 |
Hindalco | 183.72 | 115.20 | -37.30 |
Reliance Ind | 1513.52 | 920.00 | -39.21 |
NTPC | 266.10 | 147.25 | -44.66 |
Tata Power | 149.81 | 82.25 | -45.10 |
Jindal Steel & Power | 503.71 | 244.15 | -51.53 |
Tata Steel | 854.10 | 339.15 | -60.29 |
BHEL | 487.19 | 143.00 | -70.65 |
Closing prices on BSE | |||
Data compiled by BS Research Bureau |