Weekly Market Sector Performance: Airlines Soar, Real Estate Plummets
The past week saw significant movements in various market sectors, with the airline sector emerging as the top gainer, rising by 3%. On the other hand, the real estate sector experienced a substantial decline, dropping by 8%. Other sectors, such as non-ferrous metals and consumer products, also showed notable performance.
Airlines (3%) The airline sector was the biggest gainer this week, with Interglobe Aviation Ltd. leading the pack with a 4% increase. However, not all airlines performed well, as SpiceJet Ltd. dropped by 11%, and TAAL Tech Ltd. fell by 4%.
Non-ferrous Metals (2%) The non-ferrous metals sector saw a 2% increase, driven by strong performances from Madhav Copper Ltd. (13%), Hindustan Zinc Ltd. (5%), and Bhagyanagar India Ltd. (2%). Conversely, Sagardeep Alloys Ltd. (-7%), Alicon Castalloy Ltd. (-6%), and Nile Ltd. (-6%) were among the top losers.
Consumer Products (1%) The consumer products sector gained 1%, with Bajaj Consumer Care Ltd. (6%), Colgate-Palmolive (India) Ltd. (4%), and Panasonic Energy India Company Ltd. (2%) leading the gains. However, Sai Silks (Kalamandir) Ltd. (-6%), Honasa Consumer Ltd. (-4%), and Jyothy Labs Ltd. (-2%) faced losses.
Real Estate (-8%) The real estate sector was the biggest loser, dropping by 8%. Godrej Properties Ltd. (-14%), Sobha Ltd. (-12%), and Lodha Developers Ltd. (-12%) were among the top losers. On the positive side, Keystone Realtors Ltd. (2%), Parsvnath Developers Ltd. (0%), and Ganesh Housing Ltd. (0%) showed minimal gains.
Stockbroking (-7%) The stockbroking sector also saw a significant decline, dropping by 7%. Emkay Taps And Cutting Tools Ltd. (-11%), Arihant Capital Markets Ltd. (-10%), and East West Freight Carriers Ltd. (-9%) were the top losers, with no companies reporting gains.
Tech Services (-6%) The tech services sector faced a 6% decline, with CE Info Systems Ltd. (-9%), Latent View Analytics Ltd. (-7%), and RateGain Travel Technologies Ltd. (-3%) leading the losses. No companies in this sector reported gains.
Over the past 27 weeks, the non-ferrous metal sector has been the outperformer, while the outsourcing sector has lagged behind.
The trend of the major indices this week is summarized in the following tables:
S&P BSE 100 Top gainer: PB Fintech Ltd. (6%), The Federal Bank Ltd. (4%), Interglobe Aviation Ltd. (4%), Dr. Reddy's Laboratories Ltd. (4%), Colgate-Palmolive (India) Ltd. (4%). Top loser: Wipro Ltd. (-10%), SRF Ltd. (-10%), Havells India Ltd. (-8%), Yes Bank Ltd. (-8%), Apollo Hospitals Enterprise Ltd. (-6%).
S&P BSE 200 Top gainer: PB Fintech Ltd. (6%), Bank Of India (6%), Indian Bank (5%), General Insurance Corporation of India (5%), Hindustan Zinc Ltd. (5%). Top loser: Kalyan Jewellers India Ltd. (-20%), Godrej Properties Ltd. (-14%), Tata Communications Ltd. (-12%), Lodha Developers Ltd. (-12%), UPL Ltd. (-11%).
S&P BSE 500 Top gainer: Jindal Saw Ltd. (21%), CreditAccess Grameen Ltd. (12%), PB Fintech Ltd. (6%), Bank Of India (6%), Indian Bank (5%). Top loser: Kalyan Jewellers India Ltd. (-20%), IIFL Finance Ltd. (-15%), Godrej Properties Ltd. (-14%), Newgen Software Technologies Ltd. (-14%), Sapphire Foods India Ltd. (-12%).
S&P BSE Mid-Cap Top gainer: PB Fintech Ltd. (6%), Bank Of India (6%), Indian Bank (5%), General Insurance Corporation of India (5%), The Federal Bank Ltd. (4%). Top loser: Kalyan Jewellers India Ltd. (-20%), Godrej Properties Ltd. (-14%), KEI Industries Ltd. (-12%), Tata Communications Ltd. (-12%), UPL Ltd. (-11%).
S&P BSE Sensex Top gainer: Interglobe Aviation Ltd. (4%), Kotak Mahindra Bank Ltd. (2%), Bharat Electronics Ltd. (2%), Hindustan Unilever Ltd. (1%), Tech Mahindra Ltd. (1%). Top loser: ICICI Bank Ltd. (-5%), Titan Company Ltd. (-4%), Eternal Ltd. (-4%), Reliance Industries Ltd. (-4%), Trent Ltd. (-3%).
S&P BSE Small-Cap Top gainer: Jindal Saw Ltd. (21%), Shanthi Gears Ltd. (16%), Baazar Style Retail Ltd. (13%), Kabra Extrusiontechnik Ltd. (13%), Infobeans Technologies Ltd. (13%). Top loser: Best Agrolife Ltd. (-29%), Sudarshan Colorants India Ltd. (-26%), Wardwizard Innovations & Mobility Ltd. (-20%), SML Mahindra Ltd. (-18%), Ajmera Realty & Infra India Ltd. (-18%).