Dolat Capital: Nifty Performance And Outlook - September 2020  

Dolat Capital: Nifty Performance And Outlook - September 2020

Screens display stock and indices values at the NSE headquarters in Mumbai, India. (Photo: BloombergQuint)

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Dolat Capital Report

Nifty gave a negative return of (1.2%) (up 0.26% in U.S.dollar term) during the month.

The biggest gainer in the index during the month was Dr. Reddy’s Laboratories Ltd. with a return of 21.6% followed by HCL Technologies Ltd. with a return of 16.9%.

The biggest loser during the month was Bharti Airtel Ltd. with negative return of 18%, followed by IndusInd Bank Ltd. negative return of 16.3%.

For the quarter ending September 2020, Nifty gave a positive return of 1.6% QoQ (3.5% in U.S. dollar terms).

20 stocks outperformed the index and the rest 30 underperformed. Most of the stocks in the IT Services outperformed the Index.

Major stocks in the banking, financial services and insurance sector underperformed the index.

Click on the attachment to read the full report:

Dolat Capital Nifty Performance and Outlook - September 2020.pdf
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DISCLAIMER

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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