Produced by: Prashun Talukdar
Indian equity benchmarks saw a sharp uptick on Friday, led by gains in IT, consumer, banks, financials, automobile, pharma and energy stocks. The 30-share BSE Sensex zoomed 1,961 points or 2.54% to close at 79,117. The broader NSE Nifty moved up 557 points or 2.39% to end at 23,907. Stocks such as Suzlon Energy, Paytm, Phoenix Mills and NLC India were among the top gainers on Nifty 200 this week.
One97 Communications Ltd's (Paytm's parent) stock was the top gainer this week in the Nifty 200 universe as the scrip jumped 17.14% to Rs 900.95. The counter has soared 24.11% in the last one month.
Phoenix Mills Ltd's stock surged 16.41% this week to Rs 1,627.35 on NSE, and was among the top gainers in the Nifty 200 universe. The scrip has moved up by 3.51% in the last one month.
One97 Communications Ltd's (Paytm's parent) stock was also among the top gainers in the Nifty 200 pack this week as it moved 6.94% higher to Rs 744.45 on NSE. The counter has risen 9.33% in the last one month.
Suzlon Energy Ltd's stock gained 14.97% to Rs 65.22 on NSE in the week ended on November 22 and was among the top gainers in the Nifty 200 universe. However, the scrip has slipped 7.66% on a monthly basis.
NLC India Ltd's stock was also among the top gainers in the Nifty 200 universe this week as it rose 12.51% to Rs 261.35 on NSE. The stock has edged 1.1% higher in the last one month. Shares of Godrej Properties, Muthoot Finance, Kalyan Jewellers India, Power Grid Corporation of India and Indian Hotels Company also picked up pace on NSE 200 during the week.
Adani Green Energy Ltd's stock slumped 29.42% this week to Rs 1,051.8 on NSE, and was the top loser in the Nifty 200 pack. The stock has tanked 38.52% in the last one month.
Adani Energy Solutions Ltd's shares plunged 26.23% to Rs 648.95 on NSE this week, making the stock one of the top losers in the Nifty 200 universe. The scrip has lost 36.22% in the last one month. During the week, shares of Indraprastha Gas, Adani Enterprises, Adani Power, Adani Total Gas and Adani Ports also saw sharp corrections on NSE 200. Adani stocks saw sharp cuts after group's chief Gautam Adani was indicted in the US over bribery and fraud charges. The Indian conglomerate, however, called the allegations 'baseless'.