Though indicative indices have performed well in recent times, the bourses have not posted gains in line with this trend.
During the first quarter of 1999-2000, the 30-scrip Bombay Stock Exchange (BSE) Sensitive Index (Sensex) rose by 16.6 per cent, Nifty was up by 15.04 per cent, and the Crisil-500 surged by 10.77 per cent. Meanwhile, large parts of the market remained unaffected.
The rally during the quarter has been primarily restricted to Sensex stocks and a few speculative `A' group shares.
Also Read
During the period, the Sensex went up by 600 points (16.6 per cent), while `A' group stocks posted a rise of 14 per cent.
During the same period, the stocks in `B1' group appreciated by 7.4 per cent, while those in `B2' registered a dip of 4.7 per cent. There were 35 losers from the `A' group.
The investors' response to `B1' and `B2' shares remained lukewarm. `B1' group had 650 losers, while `B2' group witnessed 975 stocks declining further over their March 26 market price. During the period, only 65 out of the 149 `A' group stocks outperformed the Sensex.
From the B1 group,
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
