Top Stock Gainers and Losers in November 2021

5paisa Research Team 5paisa Research Team 9th December 2022 - 10:53 am

If you compare the current closing of the F&O series with the previous month, what are the top performers? Obviously, the Nifty-50 would become a very small sample and the Nifty 500 would become too large a sample with too many non-F&O stocks. Also, if we consider the entire universe, then very small stocks would have the obvious advantage of a small base. What is the option?

One good proxy of the F&O list of stocks is the Nifty-200. It is a fairly comprehensive list of high value stocks, yet not as narrow as the Nifty-50 or as wide spread as the Nifty 500. Here we capture the big gainers in the last one month among the Nifty 200 stocks.

Top gainers in Nifty 200 list

NSE 200 Stock	CMP (26-Nov Close)	Month Ago	One Month Returns	Rollovers (Nov-21)
Apollo Hospitals	5,705.70	4,164.00	37.02%	92%
Escorts	1,865.00	1,495.10	24.74%	78%
Biocon	362.95	321.30	12.96%	95%
TVS Motors	677.00	599.50	12.93%	93%
Zee Entertainment	341.00	304.40	12.02%	94%
Rajesh Exports	706.80	636.40	11.06%	96%

_{Date Source: NSE}

Many of the gainers in the above list have had some real solid fundamental triggers. Escorts gained from Japan’s Kubota hiking its stake. TVS Motors gained due to its alternate energy vehicle plans.

Zee Entertainment gained after the CEO, Punit Goenka assured that they were close to sealing the deal with Sony. Above all, Indiabulls Housing celebrated the change in the top management team while AB Capital gained from its inclusion in the F&O list.

Top losers in Nifty 200 list

NSE 200 Stock	CMP (26-Nov Close)	Month Ago	One Month Returns	Rollovers (Nov-21)
IndusInd Bank	899.95	1,177.75	-23.59%	97%
Axis Bank	661.00	845.10	-21.78%	93%
Jindal Steel & Power	353.50	425.30	-16.88%	97%

_{Date Source: NSE}

The losers are dominated by the banks and the metal related stocks. The reasons were broadly two-fold. Firstly, the Fed minutes clearly hinted at a quicker pace of rate hikes with the possibility of 4 rate hikes in 2022 instead of 2 rate hikes.

That has hit banks. Also a strong dollar and signals of weak demand from China due to self-imposed restraints, has resulted in a sharp fall in metal related stocks.

How rollovers panned out in Nov-21 series?

The November series saw overall stock rollovers of 93% with the index specific rollovers at 83% for the Nifty and 84% for the Bank Nifty as against 82% and 80% for the Nifty and Bank Nifty in the Oct-21 series.

Among the stocks that saw the highest rollover in excess of 95% included Bharat Force 97%, Exide Industries 97%, Motherson Sumi 97%, Larsen & Toubro 97%, Grasim 98%, Ultratech 98%, India Cements 99%, Britannia 97%, Godrej Consumer 98%, Marico 98%, Nestle 99%, Tata Motors 98%, Mindtree 97%, TCS 97%, Hindalco 97%, Jindal Steel 97%, Adani Enterprises 99%, Page Industries 99% etc.

In terms of sectoral trends, cement saw 96% rollovers, FMCG saw 96% rollovers, IT 96% rollovers, Pharma 97% rollovers and private bank 96%.

Rollovers were relatively lower in tyres 92%, telecom 92%, PSU Banks 92%, Oil & Gas 90%, Metals 92%.