10 stocks that buzzed the most last week | Economic Times

New Delhi: The domestic equity market witnessed a volatile week, trading in a range but finally settled marginally lower. The market pared losses in two sessions as trade resumed after a public holiday.Benchmark indices, BSE Sensex and Nifty50, ended the week with less than half a per cent fall, thanks to healthy buying in IT, FMCG and realty sectors. However, selling in auto, bank and power sectors added to the pressure.Rising concerns over global economic recovery and widespread buzz of delta variants spooked the market. On the domestic front, the earnings season has also not been very encouraging so far, further adding to the pressure."We expect volatility to remain high due to the scheduled derivatives expiry of July series. The earnings season will gain pace and prominent names will announce their numbers during the week," said Ajit Mishra, VP Research, Religare Broking."Besides, the update on the global COVID situation and US Fed meeting outcome on July 28 will be in focus," he added, advising limited leveraged positions.In the BSE 500 index, 390 stocks ended the week on a negative note while the rest closed with gains. Over two dozen counters registered double-digits gain during the week.Here are 10 stocks that buzzed the most during the week:New debutants: The week witnessed stellar listing of three stocks, rewarding investors handsomely. GR Infra listed at a premium of 103 per cent at Rs 1,700, whereas Clean Science debuted at a premium of 98 per cent at Rs 1,784.40. The first-ever unicorn that got on Indian bourses, Zomato, debuted at a premium of 53 per cent.Jindal Stainless: Shares of the iron producer advanced 25 per cent to Rs 154.65 on the BSE during the week as the company signed a memorandum of understanding with Tata Steel Mining to jointly unearth chrome ore locked up in mines located in Sukinda of Odisha. Jindal Stainless (Hisar) jumped 16 per cent to Rs 268.8.JSW Energy: The energy company surged 24 per cent during the week to settle at Rs 240.95 on Friday. It said it will seek shareholders' approval to raise up to Rs 5,000 crore via equity shares, bonds and other such securities in its annual general meeting on August 4, 2021.Schaeffler India: The industrial machinery gained 22 per cent to Rs 6,568.55 during the week after the company reported a three-fold jump in the net profit of Rs 128 crore in the June 2021 quarter. It had posted a loss of Rs 42.5 crore in Q1 FY20.Indiabulls Real Estate: Real estate sector has been on a high recently, thanks to decent updates from realty companies and demand recovery in the sector. Indiabulls Real Estate soared 19 per cent to Rs 170.05. Prestige Estates Projects and Mahindra Lifespace Developers added 5 per cent each to Rs 347.8 and Rs 720.3, respectively.Coffee stocks: Coffee stocks were much in demand on Dalal Street as coffee prices in international markets have moved higher due to freezing temperatures in Brazil’s coffee belt stoking fears of a lower production. Tata Coffee and CCL Products jumped 9 per cent each to Rs 208.1 and Rs 421.7, respectively.Telcos: Telecom operators were under pressure over adjusted gross revenue (AGR) dues hearing in the Supreme Court. Tata Teleservices tanked 14 per cent to Rs 37.75, whereas Vodafone Idea plunged 12 per cent to Rs 8.36Venky's (India): Rising fears of avian influenza (H5N1) and zooming input cost of poultry has threatened to derail the business. The prices of eggs and chicken have gone up sharply in the last few days, affecting sales. Venky's shed 10 per cent to Rs 3,070.8 during the week.Just Dial: Shares of the local search engine have been on a downfall after Reliance Retail Ventures bought a 67 per cent stake in Just Dial for around $700 million, or Rs 5,222.8 crore. Shares of Just Dial declined 10 per cent to Rs 969.1.South Indian Bank: The private sector lender reported an 87 per cent decline in net profit to Rs 10.31 crore for the recent June quarter from Rs 81.65 crore in the same quarter previous year. The proportion of bad assets soared. The lender settled at Rs 11.3, falling 9 per cent during the week.