Indian market witnessed profit booking at a higher level for the week ended November 10 as both Sensex and Nifty50 slipped by over 1 percent each. However, there was plenty of action in the small and midcap space.
The S&P BSE Sensex slipped by about 370 points or 1.1 percent while the Nifty50 dropped by 1.2 percent for the week ended November 10. But, nearly 200 stocks gave a positive return in the S&P BSE 500 index.
Stocks which rose in the S&P BSE 500 index include names like RattanIndia Power rose 31 percent, followed by Rain Industries (25 percent), Kitex Garments (23 percent), Titan Company (18 percent), India Bank (16 percent), MMTC (16 percent), L&T Infotech (15 percent), HSIL (13 percent) etc. among others.
Sectors which managed to outperform benchmark indices include Consumer durable which rose by 10 percent, followed by IT
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