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IDFC, ICICI and Axis Bank surged as did L&T, Financial Technologies and Reliance Industries. Despite improvement in steel outlook, Jindal Steel & Power declined
Gainers: Among the A-grade stocks, Infrastructure Development Finance Co and ICICI Bank emerged as the top performers during the fortnight, up over 20% each. ICICI Bank has entered into an agreement with Visa that will enable its New...
There were more losers than gainers amongst our momentum stocks. Nestle doubling its investment was the only good news in an otherwise bleak scenario.
Among the momentum stocks, three of our A-grade stocks have fared well. Hero Honda, up 8%, remained the top performer during the fortnight. Hindustan Unilever went up 5%; Kohinoor Foods remained flat.
Among the worst...
Most stocks in the A list have suffered huge declines following a generally bearish atmosphere of the market
Iron ore exporters are facing a difficult time as China is slowing down but Sesa Goa topped our selection with a 7% rise. Financial and banking stocks in our portfolio have had a mixed fortnight. Axis Bank rose 4%, Bank of India rose 2%, while HDFC Bank ended flat. Punjab...