Smallcap stocks made earnings in the market today, got a return of up to 19 percent

Strong earnings have been seen in small stocks today. 14 stocks included in the smallcap index saw an increase of 3 to 19 percent today

Earnings in smallcap amidst volatility in the market

The stock market saw volatility in today’s trading, after which the market today closed close to the previous levels. At the end of Thursday’s trading, the Sensex closed at the level of 57794 with a slight decline of 12 points. On the other hand, Nifty closed at the level of 17204 with a fall of 10 points. Small stocks have seen gains during trading. At the same time, IT stocks in the sector have been a profitable deal for the investors. On the other hand, the metal and oil and gas sectors have closed in losses.

how was today’s business

There has been ups and downs in the stock market today. However, at the end of trading, the market remained close to the previous levels. During the day’s trading, the Sensex was in a range of about 450 points. Due to no specific trigger, there was stock and sector specific action in the market. There was mixed action in the entire market during today’s trading. Investors stayed away from the market for the time being due to waiting for the result season from January, uncertainty about Omicron etc. In today’s trading, except small stocks, the rest of the stocks remained under pressure. Today Nifty Smallcap index closed in green mark. On the other hand, midcap and large cap indices closed with losses. Today, the biggest loss in the sector has been seen in the IT Sector Index. The index has registered a gain of one percent today. The same pharma, healthcare and consumer durables sectors have closed in the green. There has also been an increase in the pharma and FMCG sectors. On the other hand, auto, financial services, metal, public sector banks, realty and oil and gas sectors remained under pressure.

Where did investors earn

Today, investors got the most earnings in small shares. 40 stocks included in the Nifty Smallcap index closed with gains. Out of this, 14 stocks have closed today with a gain of more than 3 percent. Graphite India up 19 percent, HEG 13 percent, Intellect Design 8 percent, KPIT Technology 6 percent, Tanla Platforms 5 percent, Kalpataru Power 4.85 percent, Suzlon 5 percent, JB Chemicals & Pharma around 5 percent, Anupam Rasayan 4.58 percent, Suntec Realty 4 percent, Cochin Shipyard 3.6 percent, NBCC 3.5 percent and FDC 3.4 percent closed. On the other hand, 23 stocks included in Nifty 50 have closed with gains. Out of this, only 2 stocks saw an increase of more than 2 percent. The biggest gainer was in NTPC, the stock closed up by 2.68 percent. On the other hand, the biggest gain in midcap stocks today was the stock in OIL, up 8 percent today.

Source link

Leave your vote

Related Articles

Back to top button

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.