On September 24, stocks like Apollo Hospitals bucked the trend and rose over 7 percent while Bajaj Finance, and Tata Motors fell more than 6 percent each.
Stocks like Bharti Airtel fell nearly 8 percent, followed by Bharti Infratel that was down by 7.4 percent. Meanwhile, Infosys rose over 1 percent.
GMM Pfaudler was locked in a lower circuit of 10 percent, Quess Corp fell over 4 percent, and ZEE Entertainment was down 6.4 percent.
The action was seen in Tata Motors plunged more than 7 percent, Hindalco was down by nearly 7 percent, and IndusInd Bank fell over 8 percent on Monday.
The action was seen in HCL Technologies rose over 2 percent to hit a fresh 52-week high, Dr. Reddy’s Laboratories gained more than 4 percent to hit a fresh 52-week high, and Hindalco was down more than 4 percent.
Stocks like M&M Radico Khaitan, Man Industries and Paushak jumped 4-17 percent on September 17
Stocks like JB Chemicals rose 8 percent, Amber Enterprises was up 5.4 percent, and Adani Green was locked in the upper circuit of 5 percent on Tuesday.
Stocks like TCS which rallied nearly 5 percent hit a 52-week high of Rs 2504, HCL Technologies jumped more than 10 percent to hit a 52-week high of 825.10, and Escorts rose over 4 percent to hit a 520-week high of Rs 1275.60.
Stocks like Reliance Industries rose more than 7 percent, Sunteck Realty gained more than 5 percent, and Dilip Buildcon closed with gains of nearly 7 percent on Thursday.
On September 9, the S&P BSE Sensex fell 171 points to 38,193 while the Nifty50 dropped 39 points to close at 11,278.
Sectorally, selling pressure was seen in telecom, metals, realty, and capital goods while the action was seen in IT, energy, and oil & gas sectors. Broader markets underperformed.
The action was seen in Prince Pipes which hit a fresh 52-week high of Rs 227.50, Tata Consumer Products gained over 5 percent, and Bharti Infratel was the top Nifty gainer on Thursday, up 11.45 percent.
The action was seen in Adani Green rallied nearly 10% to hit a fresh 52-week high, CDSL rose more than 17% to hit a fresh 52-week high, Aart Drugs gained 5%, and ZEE Entertainment gained 8% on Wednesday.
The action was seen in Bharti Airtel which rose nearly 7 percent, L&T Infotech rose marginally after hitting a fresh 52-week high, and IndiaMART InterMESH rose 4 percent to hit a fresh 52-week high on Tuesday.
ICICI Bank fell more than 3 percent, Sun Pharma plunged more than 6 percent, and Future Retail was up 20 percent.
The action was seen in stocks like Godfrey Phillips which rose over 8 percent, Tata Motors gained nearly 5 percent, and Tata Elxsi closed with gains of 4.7 percent.
The action was seen in Hero MotoCorp which rose over 6 percent, Affle India rallied 5 percent, Balaji Amines gained 6 percent, and Bajaj Electricals closed with gains of over 11 percent.
The action was seen in the LIC Housing Finance which rose 8 percent while Max Financial rallied nearly 13 percent, and Future Retail pared some gains but still closed 4 percent higher on Tuesday.
The action was seen in NHPC which was up 12 percent on Thursday, NTPC was the top Sensex gainer, up nearly 7 percent, and Dynamatic Technologies was locked in upper circuit of 5 percent.
IRB Infrastructure Developers surged 10 percent on Wednesday, similar price action was seen in Century Textiles (up 5%), Shriram City Union (up 9%), and Adani Enterprises (up 11%).
Experts are of the view that the momentum is likely to continue and investors should go long on the index, even on dips, for a target of 11500, and a stop can be placed below 11250-11200 levels.
There is a possibility of further upside in the short-term. Immediate support is placed around 11,100-11,150 and the key overhead resistance is placed at 11,350-11,380
The market seems to be moving in a range and experts advise investors to wait for a break above 11375 while on the downside 11250-11225 will act as a support.
Experts advise caution at higher levels, but if the Nifty50 holds on to 11300 levels, a bounce-back towards 11380-11400 levels is possible.
Experts are of the view that there are no visible signs which suggest that investors should ho short but a close below 11299 can be considered as an initial sign of weakness.