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Falling prices, rising vol: 50 grand picks of the week
In the ongoing festive season, 50 stocks have witnessed a cut in their prices in the one month period between September 6-October 5 accompanied by a rise in total adjusted volume.
In the ongoing festive season, 50 stocks from the BSE 500 pack have suffered a decline in their prices in the one month period between September 6-October 5 accompanied by rise in total adjusted volume. These stocks are representative of varied industries like technology, textile, pharma etc.
NIIT has gained maximum volume of 66838 crore or 1297.99% followed by HCL Tech. On the price front, Transgene Biotek witnessed maximum decline of -16%,
There are large cap stocks like ITC and ONGC as well as midcaps from vartious industries which have been witnessing fall in stock price in the above mentioned one month period. Analysts say investors are buying at dips expecting better price after Q2 results. With the results season round the corner and coinciding with Diwali celebrations, marketmen expect jubiliations to reflect on the market in the coming week.