While LIC has also increased its stake in the company, retail investors have been booking profit at regular intervals, data suggests
The stock rallied 5% to Rs 3,817 in otherwise weak market on National Stock Exchange.
The stock, which has gained over five-fold in the past one year, has seen Aurobindo occupy the 65th position in overall m-cap ranking
CNX Pharma, CNX IT up 6% and 8% respectively during September, as against CNX Nifty's 0.1% gain
Banks, which have seen wealth erosion over 2-3 years, lead the way
Usha Martin, GMR Infra and Jayaswal Neco were down 7-12%. Meanwhile, Coal India rallied 5% to Rs 352.
HDFC Mutual Fund, Reliance Mutual Fund, IDFC Mutual Fund, SBI Mutual Fund and DSP Blackrock have bought shares of mid-and-small-sized companies since July 2014
The previous best single-day gain for the 30-share index (S&P BSE Sensex) was 556.77 points, or 2.27%, on May 12, 2014
On Tuesday, the S&P BSE Small-cap index tanked 4%, while the S&P BSE Mid-cap index lost 3.4%
So far this year, 20 firms have raised Rs 28,078 cr through this route, the highest since 2009
Investors have actually showed an appetite for good issues that have been priced attractively
Symphony, PI Industries, Ajanta Pharma, TTK Presitage, Kajaria Ceramics and Astral Poly Technik rose over ten-fold during the period.
Aurobindo Pharma, Motherson Sumi Systems, Piramal Enterprises, Ramco Cement and Voltas hit their respective record highs
Indices might correct in the near term but in the long run the outlook is upbeat, given the expectations of reforms
Sesa Sterlite, BPCL, Maruti Suzuki, Tech Mahindra, Lupin, HUL and Cipla gain between 30-50%.
Improvement in earnings, govt policies could provide more legs to the rally that started a year ago
Sun Pharma, Ranbaxy, Lupin and Glenmark Pharma gained more than 40% in past three months.
RIL and ITC that have a weightage of 7.42% and 11.50%, respectively in the S&P BSE Sensex
Jindal Steel and Power, Hindalco, JSW Steel, Sesa Sterlite and Tata Steel are down 4-12% on BSE.