This week, the Indian stock market witnessed a sharp downturn, with four out of five trading days ending in losses. Several stocks recorded declines on all five days, with 15 of them falling by as much as 20%. Major group stocks, including Tata and Birla companies, were also affected.
Weekly Market Overview
The BSE Sensex dropped over 2,000 points during the week. In the BSE Small-Cap Index, 92 stocks saw losses across five consecutive sessions. Among these, 15 stocks experienced significant declines ranging from 15% to 20%, according to data from ACE Equity.
Top Losers of the Week
- Systematix Corporate Services led the list, falling 20% over five days and closing at ₹82.20 in the last session, with a single-day decline of 10.16%.
- Ajmera Realty & Infra India dropped 19%, closing at ₹148.
- Sigachi Industries fell 19%, now priced at ₹22.
- Onesource Specialty Pharma declined 18%, ending at ₹1,433.
Other notable losses include:
- Authum Investment & Infrastructure: down 17% to ₹522
- Tejas Networks (Tata Group): down 17% to ₹304
- Balu Forge Industries: down 17% to ₹380
- Dishman Carbogen Amcis: down 17% to ₹212
- Sapphire Foods India: down 16% to ₹185
- Aditya Birla Real Estate: down 16% to ₹1,285
- Ceinsys Tech: down 16% to ₹851
- Knowledge Marine & Engineering Works: down 16% to ₹1,583
- KRN Heat Exchanger & Refrigeration: down 15% to ₹597
- Raghav Productivity Enhancers: down 15% to ₹694
- Landmark Cars: down 15% to ₹349
The sharp declines have significantly impacted investor sentiment, highlighting the heightened volatility in the markets this week.
Discover more from SD NEWS agency
Subscribe to get the latest posts sent to your email.