Key Points
Domestic markets started the week on a flat to positive note amid lack of any triggers, but soon turned a bit turbulent, However, a V-shaped recovery of sorts placed the indices back on track...
During the week, 67 smallcap stocks had a good run with double digit gains, higher than that of the previous week..
In the preceding week, about 50 smallcaps rose in double digits...
About 7 stocks including SML Isuzu, Jai Balaji Industries, Yasho Industries, Indian Hume Pipes, KPI Green Energy, Tata Investment among others have offered returns between 20-25% during the week...
In the upcoming week, analysts said indications are in favor of the prevailing uptrend to continue and traders may use intermediate dips to add quality stocks...
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11, Feb, 24Led by the downside in private bank stocks, Nifty slipped 0.33% lower and broadly consolidated in the 21,600–22,000 range during the week. PSU banks outshined with SBI leading with a 12% upside in just five days.