nifty it stock rally: IT stocks among top gainers in November; should you buy them or wait?
So far in November, the sectoral index has net gained a little over 6%, beating the benchmark Sensex, which has gained 3% in the same period.
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So far in November, the sectoral index has net gained a little over 6%, beating the benchmark Sensex, which has gained 3% in the same period.
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Stocks such as Axis Bank, SBI, Tata Motors, Sun Pharma, Canara Bank, PFC, DLF, Godrej Properties, PI Industries, Aurobindo Pharma, and Dr Lal Path Labs have exhibited bullish trend on the charts, as per the analysts.
Multibagger returns among the midcaps were lower, compared with the smallcaps, with just 9 companies rising over 100% in the last one year period. REC Ltd topped the charts in the midcap segment by delivering 247% returns in Samvat 2079, closely followed by IRFC (247%) and Power Finance Corp (240%).