HAL, REC, 3 more F&O stocks delivered over 25% returns in morose May series
May has seen fear index India VIX hitting 26.20 levels. Nifty in May series declined 82 points or 0.36%. The headline index started the series at 22,570.35 and ended it at 22,488.65.
F&O stocks , , , (HAL), and (PFC) have given of 25% or more in the in the that concluded on Thursday.The rally comes in a volatile May, which has seen fear index India VIX hitting 26.20 levels. Nifty in declined 82 points or 0.36%. The headline index started the series at 22,570.35 and ended it at 22,488.65.
On the other hand, 32 stocks of the 182 F&O counters gave double-digit returns in which 12 stocks gave returns in excess of 20%.
Polycab India, Bharat Forge, Vedanta, Marico, Cummins India, Escorts Kubota, Jubilant FoodWorks, Samvardhana Motherson International, Coromandel International, Divi's Laboratories, Hero MotoCorp, Dixon Technologies (India), Dr. Lal Pathlabs, Exide Industries, Aditya Birla Fashion and Retail (ABFRL), TVS Motor Company, Metropolis Healthcare, Biocon, Aurobindo Pharma and Jindal Steel & Power gave returns between 19.79% and 10.22%.
Single-digit returns in the F&O pack were given by as many as 69 stocks. Some of the names include Dabur India, Hindustan Petroleum Corporation (HPCL) and Glenmark Pharmaceuticals.
Returns by Torrent Pharmaceuticals, Lupin, Tata Power Company, Info Edge (India) and Navin Fluorine International were flat.
Meanwhile, 81 stocks saw their price decline in the series gone by, with highest erosion seen in Aarti Industries, SRF and Manappuram Finance.
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Source: Stocks-Markets-Economic Times
