360 BSE 500 Stocks August Decline – Maruti & KIOCL Rise
News Context
At a glance
Okay, here’s a breakdown of the stock market performance in August, based on the provided text:
Overall Market:
The BSE index fell by 1.7% in August. Foreign Institutional Investors (FIIs) sold off shares worth Rs 34,993 crore.
Biggest Losers (August):
- PNB Housing Finance: -24%
- Hikal: -21%
- HEG: -19%
- Thermax, Balaji Amines, Bayer CropScience, Elgi Equipments, Dhanuka Agritech, Symphony, Praj Industries: -19% to -16%
- Other double-digit losers: Kalyan Jewellers india, Easy Trip Planners, angel One, Balkrishna Industries, Tata Elxsi, Welspun Living, Rail Vikas Nigam (RVNL), Bharat Heavy Electricals (BHEL), REC, bharat Dynamics (BDL), Oil India, Biocon, Sobha, Tata communications, IIFL Finance, Hindustan Petroleum Corporation (HPCL).
Biggest Gainers (August):
- KIOCL: +28%
- Uno Minda: +23%
- Godfrey Phillips India: +21%
- Hero MotoCorp: +19%
- Other double-digit gainers: maruti Suzuki India, TVS Motor Company, CreditAccess Grameen, PVR Inox, Eicher Motors, Avenue Supermarts (DMart), One97 Communications (Paytm), and Lemon Tree Hotels.
Sensex Impact:
* The 1.7% fall in the Sensex was largely due to underperformance from HDFC Bank and ICICI Bank.