These 45 smallcap stocks gained 15-40% as Sensex logs second weekly gain led by global cues; do you own?
As many as 45 small-cap stocks backed a double-digit increase in their stock prices – in the range of 15-40 percent last week, as the 30-share BSE Sensex logged its second consecutive weekly gain, supported by a fall in US bond yields and lower. crude oil prices after the US Federal Reserve’s break rate decision.
During Samvat 2079, the BSE Sensex jumped 5,073.02 points or 8.47 percent, while the Nifty climbed 1,694.6 points or 9.55 percent. Going into Samvat 2080, analysts expect markets to continue their outperformance due to strong earnings and strong economic outlook.
On a stock-specific basis, 45 small-cap stocks posted gains in the range of 15 percent – 40 percent last week, outperforming the index. Neuland Laboratories, Suzlon Energy, Jaiprakash Power, SVP Global, Den Networks, Orient Green Power, Arvind Fashions, Welspun Enterprises, Dilip Buildcon, JK Lakshmi Cement, Sigachi Industries, Force Motors, Arihant Super, GMDC, are among the small caps that log that doubled their share prices last week.
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Updated: 11 November 2023, 08:30 PM IST
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