Dolat Capital: Nifty Performance And Outlook In November
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 11.4% (up 10.3% in U.S. dollar terms) during the month.
The biggest gainer in the index during the month was Bajaj Finserv Ltd. with a return of 57% followed by Bajaj Finance Ltd. with a return of 48%.
The biggest loser during the month was UPL Ltd. with negative return of (8%), followed by Reliance Industries Ltd. with a negative return of (6%).
25 stocks outperformed the index and the rest 25 underperformed. Most of the stocks in the banking, financial services and insurance sector outperformed the Index.
Major stocks in the IT services sector underperformed the index.
Click on the attachment to read the full report:
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.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.