Six hot stocks Dec 8-12

The market staged a remarkable rally on Thursday and the benchmark indices Sensex and Nifty shot up by 482 points (5.51%) and 132 points (4.95%) respectively as hopes of a strong stimulus package from the government to boost the economy triggered frenzied buying in bluechip stocks.

Weekly wrap: Sensex loses 128 pts on mixed cues | Top-10 club loses Rs 19,000 cr in a week

But the mood turned bearish on the final session and with several bluechip stocks crashing down following a big sell-off in afternoon trade, it was a negative close for the market last week (December 1 - 5, 2008). Recording losses on three of the five sessions, the Sensex ended the week lower by 127.52 points or 1.40% at 8,965.20. The Nifty slipped 40.70 points or 1.47% to 2714.40 last week.