Dolat Capital: Nifty 50 Performance October 2020 - Key Inferences

21 stocks outperformed the Nifty 50 index in October 2020 while 29 underperformed.

The CNX Nifty logo is displayed on a glass wall at the National Stock Exchange (NSE) in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg) 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Nifty gave a positive return of 3.5% (up 3.6% in U.S. dollar terms) during the month.

The biggest gainer in the index during the month was Kotak Mahindra Bank Ltd. with a return of 22% followed by Axis Bank Ltd. with a return of 16%.

The biggest loser during the month was Hero Motocorp Ltd. with negative return of (11%), followed by UPL Ltd. with a negative return of (9.9%).

21 stocks outperformed the index and the rest 29 underperformed.

Click on the attachment to read the full report:

Dolat Capital Nifty Performance - October 2020.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

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