Moneycontrol Bureau
Benchmark indices Nifty and Sensex continued to make new highs on Friday, as investors are betting on a stable government after the elections, and a recovery in the economy. Banks and capital goods have been among the best performing stocks in the latest rally. FIIs net bought shares worth Rs 1273 crore on Thursday, their biggest daily purchase since December 19, extending their buying streak to a 15th straight day, totalling more than USD 1 billion.However, retail participation continued to remain muted as can be seen from the slackness in mid and small cap shares. In the CNX Midcap, 44 out of the 100 stocks are trading below the price it touched on Jan 8, 2008 when the market had peaked just before the global financial crisis.
| Company Name | 8-Jan-08 | 6-Mar-14 | % CHG |
| Unitech | 525 | 12.1 | -98% |
| Suzlon Energy | 463.99 | 10.59 | -98% |
| Reliance Capital | 2697.15 | 329 | -88% |
| Reliance Communications | 804.4 | 118.3 | -85% |
| Gitanjali Gems | 430.7 | 62.65 | -85% |
| Financial Technologies (India) | 2466 | 348 | -84% |
| Reliance Infrastructure | 2541.2 | 400.75 | -84% |
| GMR Infrastructure | 122.65 | 21.8 | -82% |
| India Cements | 276.85 | 57.7 | -79% |
| Steel Authority Of India | 263.35 | 61.35 | -77% |
In the BSE smallcap, out of 439 companies, 202 companies are trading below the price it touched on Jan 8, 2008 (closing price).
| Company Name | 8-Jan-08 | 6-Mar-14 | % CHG |
| Kingfisher Airlines | 285.2 | 2.53 | -99% |
| GTL Infrastructure | 91.4 | 1.57 | -98% |
| Educomp Solutions | 879.79 | 23.3 | -97% |
| Reliance Mediaworks | 1490.03 | 56.55 | -96% |
| Bajaj Hindusthan | 315.89 | 13.7 | -96% |
| IL&FS Engg & Construction | 850.55 | 37.75 | -96% |
| IVRCL | 262 | 12.16 | -95% |
| Ansal Properties & Infrastructure | 401.55 | 19.05 | -95% |
| Punj Lloyd | 548.55 | 27.65 | -95% |
| Jai Corp | 1380.6 | 68.25 | -95% |
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
