The BSE 30-share index Sensex today gained over 2,000 points
Posted May 18, 2009on:
MUMBAI: On a day when the market made history with a surge of over 2,000 points, 11 stocks including Cinemax India ended up as losers, defying
However, these do not include any blue chip scrip from the benchmark index Sensex, BSE-100 index, BSE- 500 and other sectoral indices.
The losers include a midcap index stock Sunteck Realty and two scrips from the smallcap index –Cinemax India and K Sera Sera, according to data available on BSE.
“These stocks underperformed as trading in these shares is very less and they are not responsive to any drastic changes as investor confidence in such scrips is usually on the lower side,” a leading analyst from a domestic brokerage firm said.