360 BSE 500 Bleeding shares in August, 65 losses in double digits; Maruti & Kiocl shine with a maximum of 28% jump

Trump’s tariff movements, in combination with weak Q1 income, weighed on domestic shares in August, which means that the BSE 500 index dropped almost 2% during the month. The gloom on D-Street was clear when 360 shares in the wider index that ended lower, with 65 names that fell to 24%. PSU, Infrastructure and Energy shares bore the victims, while cars, consumer -discretion and sustainability performed better on optimism around GST reforms.

The BSE index of the head established 1.7% lower in August in the midst of a sale worth RS 34,993 Crore by the foreign institutional investors (FIIs).

Largest monthly lagging

PNB home financing was the biggest loser when the counter slipped 24% in August. It was followed by Hikal and Heg, who fell by 21% and 19% respectively. Others such as Thermax, Balaji Amines, Bayer Cropscience, Elgi Equipments, Dhanuka Agritech, Symphony and Praj Industries were among the top 10 losers and fell between 19% and 16%.
Widely Tracked Stocks Like Kalyan Jewellers India, Easy Trip Planners, Angel One, Balkrishna Industries, Tata Elxsi, Welspun Living, Rail Vikas Nigam (RVNL), Bharat Heavy Electrics (Bharat Dynamics, Oilon Dynams, Oilon, Oilon Dynams, Oilon, Oilon Dynams, Oilon, Oilon, Oilon, Oilon, Dynams, Oilon, Oilon, Oilon, Oilon, Oilon, Dynams, OiloCon, OiloCon, OiloCon, OiloCon, OiloCon, Oilocon, Oilocon, Oilocon, Oilocon, Oilocon, Oilocon. Communications, IIFL Finance and Hindustan Petroleum Corporation (HPCL) also fell in double digits.

Top August Gainers

Almost 130 shares ended in the Green, and in these 23 scrips 10% or more collected, with a top return of 28% registered by Kiocl. Uno Minda, Godfrey Phillips India and Hero MotoCorp were a net profit, which returned 23%, 21%and 19%respectively.

The other most most followed shares with double digits included Maruti Suzuki India, TVS Motor Company, Creditaccess Grameen, PVR Inox, Eicher Motors, Avenue Supermarts (DMart), ONE97 Communications (Paytm) and Lemon Tree Hotels.

SENSEX performance

Sensex’s decrease of 1.7% was due to the underperformance of heavyweights such as HDFC Bank and Icici Bank, each of whom fell nearly 6%. The top Nifty Loser was Sun Pharmaceuticals, which established 7% every month. 19 is closed negatively in the 30-stock index.

The best artist was Maruti Suzuki with 17% return, driving on Twin Triggers – the probability of goods and service tax (GST) reduced to 18% compared to the current 28% and the start of the production of E -Vitara in the company’s Gujarat facility.

Meanwhile Titan Company, Trent, Asian paint, Hindustan Unilever, Ultratech Cement, Eternal, Tata Consultancy Services (TCS), Tech Mahindra, State Bank of India (SBI) and Tata motors rose between 8% and 0.4%.

Sector Snapshot

One of the most punished sectors was BSE CPSE (-4.8%), BSE India Infrastructure Index (-4.7), BSE oil and gas (-4.7%), BSE stream (-4.6%), BSE Private Bank Index (4.5%), BSE REALLY).

The best -performing sectors were BSE car (5.8%), BSE -Consumenten discretionary (2.5%) and BSE -Dururious Consumers (2%). Under themes, the BSE IPO was high at 4% Uptick.

BSE 150 MidCap and BSE SmallCap – Indices closed 2% and 3.7 lower in August.

(Data input by Ritesh Presswala)

((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)