Indian stocks settled lower on the week ended Friday, as investors largely booked profits. However, both indexes (Sensex and Nifty) gained for the fifth consecutive week. The BSE Sensex ended with a weekly gain of 0.36%. The NSE Nifty50 rose 0.26% on weekly basis.
Top Five Nifty50 percentage-gainers this Week are: Power Grid (+5.81%), Kotak Bank (+5.30%), Infosys (+4.91%), Hindalco (+4.16%), and IOC (+3.94%).
Power Grid Corporation of India Limited: Power Grid shares surged 5.81% or Rs10.00 on weekly basis, this weekend Friday, 22-March-2019. Its last weekend, 14-March, closing price was Rs187.60. The stock on Friday closed higher by 0.10% to reach at Rs197.60per share on the NSE.
Kotak Mahindra Bank Limited: The stock surged 5.30% or Rs70.05 on weekly basis, on Friday. Its last weekend, closing price was Rs1268.95. But the stock on Friday closed lower by 0.93% to close at Rs1,339.00 per share.
Infosys Limited: The IT company stock surged 4.91% or Rs29.20 for the week. Its last weekend, closing price was Rs708.35. The stock on Friday closed higher by 2.22% to close at Rs738.25 per share.
Hindalco Industries Limited: The stock surged 4.16% or Rs6.40 for the week. Its last weekend, closing price was Rs200.75. The stock on Friday closed higher by 0.60% to close at Rs208.40 per share.
Indian Oil Corporation Ltd: The IOC share surged 3.94% or Rs4.15 for the week. Its last weekend, closing price was Rs151.10. But the stock on Friday closed lower by 2.36% to close at Rs155.25 per share.