Benchmark indices — BSE Sensex and Nifty 50 — inched up mildly, whereas BSE midcap and smallcap indices gained over a per cent each.
Indian indices failed to maintain the momentum they witnessed during the previous week as volatility remained high due to weak global markets and the absence of any fresh domestic cues to lift the market further.
“After a record-breaking run, markets appear to be taking a breather this week. A miss on the US jobs data, while concerning, will most likely mellow down any tapering talks for the time being,” said Samci Securities Research.
However, it is the continued policy support which will drive the performance of bourses globally. And this sentiment baton has been passed on to the Indian indices as well, it added.
In the BSE500 index, about 270 stocks ended the week on a positive note while the rest closed with cuts. Among the gainers, about a score of counters registered a rise of 10 per cent or more during the week.
Here are 10 stocks that buzzed the most during the week:
Dish TV: Shares of broadcasting and cable TV players soared 36 per cent to Rs 17.95 per cent during the week after Yes Bank moved to sack the company board, including managing director and CEO Jawahar Lal Goel. Yes Bank holds 25 per cent stake in the company.
Zen Technologies: The smallcap drone maker zoomed 34 per cent to Rs 205.05, scaling its new 52-week, after reporting a strong order book. The company received orders worth Rs 365 crore, including a big order from the Indian Air Force.
Goldiam International: The jewelry company advanced 28 per cent to Rs 921.20 during the week, scaling a new lifetime high. The strong buying at the counter can be attributed to its plan to consider share buyback.
Laboratories: The pharmaceutical firm was on a roll after its subsidiary got final USFDA approval from for Labetalol Hydrochloride Injection USP. The scrip gained 26 per cent to Rs 933.5 during the week.
Tejas Networks: The telecom gear maker has been buzzing ever since it was taken over by Tata Group, to which it has recently issued preferential issues. The company has been demanding a robust growth outlook. It jumped 22 per cent to Rs 448.05 during the week.
Neogen Chemicals: The specialty chemical continued its uptrend and gained 19 per cent to Rs 1156.1 after it informed that the Phase I commercial operations for manufacturing of organic chemicals commenced at full scale successfully at Dahej, Gujarat.
Textile stocks: Shares from the textile sector have been in buzz after the approval of the PLI scheme for the sector. The Government approved Rs 10,683 crore PLI scheme for the textile sector. Filatex India surged 19 per cent to Rs 106.3, whereas KRP Mills added 15 per cent to Rs 2273.8.
Karda Constructions: The smallcap realty player has been on a downhill ever sinces issuing bonus shares in 4:1 ratio. The scrip tanked 12 per cent to Rs 16.75 during the week.
Steel Strips Wheels: The automotive parts maker shed 7 per cent to Rs 1728.1 during the week after the company announced that its board has approved the stock split (sub-division of equity shares) in the ratio of 1:2.
Apollo Hospitals Enterprise: The hospital chain fell 6 per cent to Rs 4720 during the week after investors booked profits in the company following a sharp rise in the last three weeks.
