The markets may be down and out, but a handful of stocks are still shining bright.
Even though most frontline stocks are still struggling to recover lost ground, 24 stocks in the BS 200 list have given positive returns at a time the Bombay Stock Exchange benchmark, Sensex, has tumbled 24.5 per cent, or over 5,000 points, to 15,491 till December 16.
For example, Bajaj Auto is up eight per cent even though all the other automobile stocks in the Business Standard 200 reported a decline ranging 3-34 per cent.
Similar is the story across other sectors such as telecom, pharma, FMCG, banking and so on.
Image: Rajiv Bajaj, the managing director of Bajaj Auto.
Text: Business Standard