Top 5 Relative Outperformers And Underperformers From Nifty 500 This Week

Nifty 50 and Sensex are moving strongly to the upside, and the small-cap, mid-cap, and large-cap stocks have been giving robust returns recently. The global markets are soaring sharply because of the possible news of a recession in the US, which is why Indian markets have been going down in recent trading sessions.

As a result, the markets are seeing huge volatility recently in the past few trading sessions; therefore, not only are many stocks not only moving to the upside rapidly, many stocks are soaring to the downside as well. This week Nifty 500 has moved -1.64% to the downside.

Here is a list of some of the outperformers and underperformers of the Nifty 500 this week.

Relative Outperformers of Nifty 500 this week

• Welspun Corporation Limited - The stock price is currently Rs.285, and the stock has given about 17% returns in the previous week.

• Shree Renuka Sugars Ltd - The price of this sugar industry is Rs. 57.35, and the overall weekly returns of this stock are 15.62%.

• Ceat Ltd. - Ceat Ltd is a leading company in the tyre industry. The stock's current market price is Rs. 1578, which has given over 13.96% returns this week.

• Cochin Shipyard Ltd. - The stock's market price is Rs. 428.1, and the stock has given over a 13.09% upside in the previous week.

• Tata Steel Long Products Ltd - The current market price of the stock is Rs. 710.25, and from the previous week, the stock has gone up around 10.67%

Relative Underperformer of Nifty 500 this week

• Can Fin Homes Ltd - The stock price currently is Rs. 536.55, and in the previous week, the stock has gone down around -17.9%.

• Fortis Healthcare Ltd - The stock's current market price is Rs. 254; in the previous week, it lost around -17.45% of its market value.

• Elgi Equipments Ltd - The current price for this equipment company is Rs. 459, and the stock has been down around -16.83% in the previous week.

• Housing and Urban Development Corporation Ltd. - The stock is trading at the price of Rs. 35.95 currently, and in the previous week, the price has soared around -15.31%.

• Dhani Services Ltd. - The stock's current market price is around Rs. 50.8 and has gone down -12.03% from the previous week.