Top stocks of the week: JSW Energy, IRFC, Macrotech Developers, RVNL and more
During the week, stocks such as JSW Energy, IRFC, Macrotech Developers and RVNL were among the top gainers on Nifty 200.
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During the week, stocks such as JSW Energy, IRFC, Macrotech Developers and RVNL were among the top gainers on Nifty 200.
Since November 2023, the Sensex and the Nifty 50 have jumped 14 per cent and 15 per cent respectively while the BSE Midcap and Smallcap indices have jumped 21 per cent each.
Brokerage firm InCred upgraded Infosys to an ADD post Q3 results, Morgan Stanley also upgraded TCS to overweight post Q3 results, Axis Capital maintained an ADD rating on Polycab and Jefferies has a buy rating on Macrotech Developers.
Multiple site visits to Lodha's Palava township show a well-planned development taking place, Jefferies said as it highlighted that land prices have doubled in three years. In its view, there is potential upside over the long-term going ahead. Affordable housing policy boost to residential sales is also likely to show its impact soon.
Led by gains in heavyweights TCS and Infosys, Sensex and Nifty today broke previous all-time high levels. Wipro, Tech Mahindra, HCL Tech and SBI were the other top gainers. So far in the calendar year, stock investors have become richer by Rs 7 lakh crore as the total market capitalisation of all BSE-listed stocks rose to Rs 372.92 lakh crore.