Domestic equity benchmark Nifty50 fell 614.9 points, or 2.6 per cent, to settle at 22,904.5 last week, largely due to a riot across shares globally as investors stared at headlines on trade tariffs after US President Donald Trump announced steep trade duties on America’s trade partners. China hit back hard against Trump’s trade announcement, but announcing a reciprocal duty of 34 per cent on imports from the world’s largest economy.
Most sectors logged weekly losses, with the Nifty IT being the worst hit among NSE’s sectoral indices. The IT index fell 3,374.8 points for the week—a weekly loss of 9.1 per cent.
The Nifty Metal, Oil & Gas, Realty, Pharma and Consumer Durables indices were the next, falling 2.5-7.5 per cent for the week.
However, a few stocks not only weathered the storm but in fact even rewarded investors with hefty returns during the week. Vardhman Textiles, Vodafone Idea, JSW Holdings, DB Realty, Godawari Power and Tejas Networks shares registered double-digit percentage gains during the week.
Stock |
Weekly Change (%) |
Vardhman Textiles |
19.10 |
Vodafone Idea |
16.3 |
JSW Holdings |
13.00 |
DB Realty |
12.70 |
Godawari Power |
11.8 |
Tejas Networks |
10.80 |
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Among other top gainers in the Nifty 500 or BSE 500 baskets were stocks like Trident, Tata Consumer Products, PNB Housing Finance, PNC Infratech, Raymond, IDFC Bank and Ramco Cements, rising at least 5.0 per cent.
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Stock |
Weekly Change (%) |
Trident |
9.3 |
Tata Consumer Products |
8.6 |
Indus Towers |
7.8 |
PNB Housing |
7.7 |
HBL Power |
7.5 |
Whirlpool |
7.3 |
GMR Infra |
6.6 |
Lemon Tree Hotels |
6.6 |
PNC Infratech |
6.1 |
Aadhar Housing |
5.9 |
Raymond |
5.8 |
Union Bank of India |
5.7 |
KPR Mill |
5.5 |
Alkyl Amines |
5.5 |
SBFC Finance |
5.3 |
CreditAccess Grameen |
5.2 |
IDFC First Bank |
5.2 |
Ramco Cements |
5.0 |
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