5 stocks that gave Sensex a big boost on Thursday

BSE Smallcap index gained 5.15 per cent during this period.

By Rajesh Mascarenhas, ET Bureau | Updated: Nov 01, 2019, 10.17 AM IST

For the first time since January 2018, midcaps outperformed the broader market with BSE Midcap index gaining 10.6 per cent.

More than half of the 4000 points Sensex rally since September 19 was contributed by just five stocks such as Reliance Industries, HDFC Bank, ICICI Bank, Axis Bank and HDFC. Reliance Industries, which has rallied 25 per cent in the last 3 months accounted for maximum 862 points while India’s largest private sector lender HDFC Bank contributed 415 points to the rally. For the first time since January 2018, midcaps outperformed the broader market with BSE Midcap index gaining 10.6 per cent as against 9.75 per cent surge in Sensex since September 19. BSE Smallcap index gained 5.15 per cent during this period.