Weekly Sector: Telecom Services Up, Media Down
MAS Team | 07 March 2024
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The sectors which gained the most during the week were Telecom Services (+4%), Refineries (+3%) and Asset Management (+3%). The biggest losers were Media (-5%), Stockbroking (-5%) and Cement (-4%).
 
Biggest Gainers:
 
Telecom Services (+4%)
Top Gainers: Bharti Airtel Ltd. (6%), Tata Communications Ltd. (4%).
Top Losers: Mahanagar Telephone Nigam Ltd. (-7%), Railtel Corporation Of India Ltd. (-6%), Suyog Telematics Ltd. (-6%).
 
Refineries (+3%)
Top Gainers: Indian Oil Corporation Ltd. (5%), Bharat Petroleum Corporation Ltd. (2%), Mangalore Refinery And Petrochemicals Ltd. (2%).
Top Losers: no losers.
 
Asset Management (+3%)
Top Gainers: Tata Investment Corporation Ltd. (22%).
Top Losers: 360 One Wam Ltd. (-5%), UTI Asset Management Company Ltd. (-3%), Nippon Life India Asset Management Ltd. (-2%).
 
Biggest Losers:
 
Media (-5%)
Top Losers: Network 18 Media & Investments Ltd. (-12%), Zee Media Corporation Ltd. (-11%), GTPL Hathway Ltd. (-10%).
Top Gainers: Raj Television Network Ltd. (3%), Sun TV Network Ltd. (0%).
 
Stockbroking (-5%)  
Top Losers: IIFL Securities Ltd. (-17%), Arihant Capital Markets Ltd. (-9%), East West Holdings Ltd. (-8%).
Top Gainers:  no gainers.
 
Cement (-4%)
Top Losers: Andhra Cements Ltd. (-11%), NCL Industries Ltd. (-9%), Anjani Portland Cement Ltd. (-8%).
Top Gainers: Mangalam Cement Ltd. (6%), Heidelberg Cement India Ltd. (0%).
 
Over the past 27 weeks trend, refineries has been the outperformer whereas glass has been the laggard.
 
 
The trend of the major indices this week are given in the table below:
 
 
S&P BSE 100
Top gainer: Bajaj Auto Ltd. (7%), ICICI Prudential Life Insurance Company Ltd. (7%), Bharti Airtel Ltd. (6%), Tata Power Company Ltd. (5%), Indian Oil Corporation Ltd. (5%).
Top loser:  Cholamandalam Investment and Finance Company Ltd. (-7%), Yes Bank Ltd. (-5%), Ultratech Cement Ltd. (-5%), Tube Investments of India Ltd. (-5%), Bajaj Finance Ltd. (-4%).
 
S&P BSE 200 
Top gainer: Bharat Heavy Electricals Ltd. (8%), Oil India Ltd. (8%), Bajaj Auto Ltd. (7%), ICICI Prudential Life Insurance Company Ltd. (7%), Bank Of India (7%).
Top loser: One97 Communications Ltd. (-8%), Cholamandalam Investment and Finance Company Ltd. (-7%), Yes Bank Ltd. (-5%), Dalmia Bharat Ltd. (-5%), Adani Wilmar Ltd. (-5%).
 
S&P BSE 500 
Top gainer: Tata Chemicals Ltd. (22%), Tata Investment Corporation Ltd. (22%), Bharat Heavy Electricals Ltd. (8%), Oil India Ltd. (8%), Jindal Stainless Ltd. (7%).
Top loser: IIFL Finance Ltd. (-38%), Rainbow Children's Medicare Ltd. (-15%), JM Financial Ltd. (-14%), Suzlon Energy Ltd. (-13%), Network 18 Media & Investments Ltd. (-12%).
 
S&P BSE Mid-Cap 
Top gainer: Bharat Heavy Electricals Ltd. (8%), Oil India Ltd. (8%), Bank Of India (7%), Rajesh Exports Ltd. (6%), Union Bank Of India (6%).
Top loser: L&T Finance Holdings Ltd. (-7%), Yes Bank Ltd. (-5%), Dalmia Bharat Ltd. (-5%), Piramal Enterprises Ltd. (-5%), ICICI Securities Ltd. (-5%).
 
S&P BSE Sensex 
Top gainer: Bharti Airtel Ltd. (6%), Tata Motors Ltd. (4%), Sun Pharmaceutical Industries Ltd. (3%), NTPC Ltd. (2%), Axis Bank Ltd. (2%).
Top loser: Ultratech Cement Ltd. (-5%), Bajaj Finance Ltd. (-4%), Bajaj Finserv Ltd. (-4%), JSW Steel Ltd. (-3%), Nestle India Ltd. (-3%).
 
S&P BSE Small-Cap 
Top gainer: SMS Pharmaceuticals Ltd. (23%), Tata Chemicals Ltd. (22%), Tata Investment Corporation Ltd. (22%), Waaree Renewable Technologies Ltd. (22%), Kirloskar Brothers Ltd. (17%).
Top loser: IIFL Finance Ltd. (-38%), Sigachi Industries Ltd. (-19%), IIFL Securities Ltd. (-17%), Hardwyn India Ltd. (-17%), Tourism Finance Corporation Of India Ltd. (-17%).