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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.
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