Weekly movers: Hits and misses in the large-cap space during the week!

Weekly movers: Hits and misses in the large-cap space during the week!

by 5paisa Research Team Last Updated: 2022-08-05T15:27:39+05:30 IST

Here’s a list of the top 5 gainers and losers this week in the large-cap space.

Countries all over the world continue to grapple with the woes of rising inflation. Persisting high oil prices and the prolonged Russia- Ukraine war is the leading cause of this problem.

Responding to the requests of US President, OPEC countries have agreed to increase oil production by 100,000 barrels a day in September. This is one of the smallest oil production increases in its history. This decision shall offer very little respite to all the countries dealing with inflationary pressures driven mainly by soaring oil prices.

Besides India, UK is among the latest countries to raise key interest rates. On Thursday, the Bank of England announced a rate hike of 0.5%, making it the biggest hike in over 27 years. Further, the bank also predicted a recession in the UK by the end of this year.   

On the domestic front, the services industry's growth fell to a 4-month low in July. This was caused by elevated inflation, unfavorable weather and competitive pressures which led to a decline in demand. The S&P Global India Services Purchasing Managers’ Index (PMI) fell to 55.5 in July from 59.2 in June.

In contrast, India’s manufacturing sector climbed to an 8-month high rate. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 56.4 in July from 53.9 in June. 

Further, the RBI MPC’s 3-day meeting concluded today. The RBI Governor announced a repo rate hike of 50 bps to 5.4%, putting an end to the rate-hike quantum debate. Further, the GDP growth forecast was retained at 7.2%. 

Looking at the Indian equity markets, in the last 5 trading sessions (between 29 July and 04 August), the frontline index S&P BSE Sensex climbed 1.26% where NIFTY surged 1.3% in the last 5 trading sessions (between 22 July and 28 July).

Let us have a look at the top gainers and losers in the large-cap space during the last 5 trading sessions.

Top 5 Gainers 

Return (%) 

Zomato Ltd. 

23.27 

One97 Communications Ltd. 

19.98 

IDBI Bank Ltd

17.8 

JSW Energy Ltd. 

14.88 

Varun Beverages Ltd. 

13.75 

 

Top 5 Losers 

Return (%) 

Macrotech Developers Ltd. 

-9.11 

Indus Towers Ltd. 

-8.63 

Godrej Properties Ltd

-7.73 

Star Health and Allied Insurance Company Ltd. 

-5.68 

DLF Ltd. 

-4.75 

 

 

Zomato Ltd

The shares of Zomato Ltd were buzzing on the bourses this week. On Monday, the company reported its results for the quarter ended June 30, 2022. As per the exchange filing, Zomato’s adjusted revenue grew by 18% QoQ and 56% YoY to Rs 18.1 billion in Q1FY23. At the same time, adjusted EBITDA loss reduced to Rs 1.5 billion (-8% of Adjusted Revenue) in Q1FY23 as compared to Rs 2.2 billion (-15% of Adjusted Revenue) in Q4FY22.

One97 Communications Ltd

The shares of One97 Communications Ltd. (PayTM) exhibited an excellent rally on the bourses this week. This rally came ahead of the financial performance for the quarter ended 30 June 2022, which is set to be announced today, i.e., 05 August 2022. The fintech giant had released its quarterly provisional performance, as per which, its disbursements crossed an annualized run rate of Rs 24,000 crore on the platform.

IDBI Bank Ltd

The share price of IDBI Bank Ltd witnessed an appreciation in the last 5 sessions. Apart from Q1FY23 results and credit rating announcement in the previous week, the company has not made any announcements lately. Hence, the rally in the share price could be purely driven by the market forces.


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Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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