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Silent winners! 43 stocks turned multibaggers even as Nifty went nowhere in 2 years
Despite the Nifty 50 showing minimal returns over two years, astute investors have witnessed significant wealth creation. Forty-three stocks have more than doubled investor wealth, with companies in defence, healthcare, and specialty chemicals leading the charge. This period highlights that market opportunities often lie beneath the surface of headline index movements, rewarding patient stock pickers.
Wockhardt Ltd slips for fifth straight session
Wockhardt Ltd is quoting at Rs 1936.7, down 0.67% on the day as on 13:19 IST on the NSE. The stock jumped 87.69% in last one year as compared to a 6.32% slide in NIFTY and a 15.05% spurt in the Nifty Pharma index.
Nifty 50 index slides below 23,950 level; auto shares outperform as Maruti Suzuki leads charge
The key equity benchmarks continued to trade below the flat line in afternoon trade. The Nifty 50 index traded below the 23,950 level. Auto, pharma and realty index advanced while IT, banks and FMCG stocks declined.
Nifty Pharma index up 2%; Dr Reddy's, Ajanta, Ipca, Cipla surge up to 5%
In the past seven trading days, the Nifty Pharma index outperformed the market by soaring 5.4 per cent, as compared to 0.1 per cent decline in the Nifty 50.
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems
Indian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving averages, with a decisive close above 24,200 crucial for further gains. Several companies like Waaree Energies, Kotak Bank, and Tata Motors are in focus due to significant developments, including US investigations, strategic partnerships, and EV expansion plans.
Nifty, Bank Nifty outlook & stock recommendations by Motilal Oswal
Chandan Taparia of Motilal Oswal Financial Services expects Nifty and Bank Nifty to trade with a weak bias as long as they remain below 23,850 and 57,250, respectively.
Laurus Labs Ltd soars 2.73%, Gains for third straight session
Laurus Labs Ltd is quoting at Rs 1475.1, up 2.73% on the day as on 12:49 IST on the NSE. The stock is up 120.31% in last one year as compared to a 4.46% fall in NIFTY and a 15.59% fall in the Nifty Pharma index.
Sensex rises 291 points, Nifty tops 24,100: 5 key drivers behind the market rally
Sensex rose 291 to 77094, Nifty gained 90 to 24102, led by HDFC Bank, ICICI Bank, Reliance Industries, Infosys, with IT and pharma stocks like Cipla outperforming
Indices trade with significant cuts; pharma share advance for 3rd day
At 14:28 IST, the barometer index, the S&P BSE Sensex advanced 403.55 points or 0.53% to 77,206.46. The Nifty 50 index rose 118.05 points or 0.50% to 24,132.45.
Nifty extends winning streak to fifth day; banks, healthcare stocks lead gains
The S&P BSE Sensex advanced 254.36 points or 0.33% to 77,409.98. The Nifty 50 index rose 82.30 points or 0.34% to 24,168. In five sessions, the Sensex jumped 4.85% and Nifty climbed 4.35%.
Torrent Pharmaceuticals Ltd eases for fifth straight session
Torrent Pharmaceuticals Ltd is quoting at Rs 4426.6, down 0.36% on the day as on 13:19 IST on the NSE. The stock jumped 39.91% in last one year as compared to a 2.73% slide in NIFTY and a 12.63% spurt in the Nifty Pharma index.
Wockhardt Ltd spurts 2.19%, rises for third straight session
Wockhardt Ltd is quoting at Rs 2067, up 2.19% on the day as on 12:49 IST on the NSE. The stock is up 22.5% in last one year as compared to a 2.73% gain in NIFTY and a 12.64% gain in the Nifty Pharma index.