Friday, December 14, 2018

Volatile market ends 1% higher, but 8 stocks gave 8-29% return last week

The Sensex rose 0.81 percent this week, or 289.68 points, to ending at 35962.93, while Nifty was up 1.04 percent, or 111.75 points, to close at 10805.45.


The volatile market ended on positive note with Sensex and Nifty posted 1 percent gain for the week ended December 14, 2018.

The S&P BSE Largecap index rallied 1.32 percent, while S&P BSE Midcap and S&P BSE Smallcap Index rose 3.23 percent and 2.82 percent, respectively.
The Sensex rose 0.81 percent this week, or 289.68 points, to ending at 35962.93, while Nifty was up 1.04 percent, or 111.75 points, to close at 10805.45.
Yes Bank shares gained 8.5 during the week after a media report suggested that Brahm Dutt could be a part-time Non-executive chairman of the lender.
Currently Brahm Dutt is serving as Independent Director of the bank since July 24, 2013.
The company has been awarded a contract for manufacture and supply of 5058 Wagons to Indian Railways. These Wagons are BOXN HL type, designed to carry coal, steel, stones etc. and the value of order is Rs 15,60,87,35,100.

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