This trading week (1 to 5 September) witnessed a boom in the stock market. The Sensex saw a rise of 1.1 per cent 901 points during the last five business days and closed at 80,710. The Sensex closed in green mark three days out of five. Amidst this boom, there were five shares of the BSE 200 index who took the lead for five consecutive days and gave excellent returns to investors.
1. Jindal Steel performed the best and recorded a 9% lead in five days. The stock closed at Rs 1,034 on Friday.
2. Eicher Motors stood second, which gave a romance of 8% and its share price reached Rs 6,581.
3. Bajaj Finance also could not disappoint investors. The company’s stock climbed 7% up to Rs 938 in five days.
4. Similarly, IDFC First Bank also showed a rise of 7% in five consecutive sessions and its share price reached Rs 73.
5. Another big name from the auto sector was TVS motor company. The company’s stock showed a strength of 6% in five days and closed at Rs 3,477.
Experts believe that short-term investors should book profits in these shares that have shown steadily, while these companies can still prove to be strong bets for long-term investors.
Disclaimer: The ideas and investment advice given by experts/brokerage firms on Moneycontrol are their own, not the website and its management. Moneycontrol advises users to consult a certified expert before making any investment decision.