Indian Stocks roar back along with the Sensex
BSE Sensex roared back this week by gaining almost 10% week-over-week. Last week’s 5% drop didn’t really mean anything as the Indian market is showing no signs of slowing down.
Just look at some of the gains this week.
- VSL up 28%
- HDFC Bank (HDB) up 19%
- Sterlite (SLT) up 20%
- ICICI Bank (IBN) up 21%
- INP, IIF and IFN all up around 12%
* Dividends not included
Indian Stocks Weekly and YTD Price gains – Week ending October 26, 2007:
| Stocks | Weekly % | YTD % |
| BSE Sensex | 9.59% | 39.58% |
| Videsh Sanchar (VSL) | 28.42% | 61.57% |
| ICICI Bank (IBN) | 21.03% | 53.87% |
| Sterlite Ltd. (SLT) | 19.73% | 78.35% |
| HDFC Bank (HDB) | 19.12% | 67.91% |
| Mahanagar Tel. (MTE) | 16.56% | 50.24% |
| Satyam (SAY) | 14.77% | 24.28% |
| MS India Fund (IIF) | 12.41% | 13.03% |
| IPATH ETNS (INP) | 11.94% | 56.99% |
| India Fund (IFN) | 11.80% | 25.93% |
| Wipro (WIT) | 6.15% | -0.87% |
| Tata Motors (TTM) | 5.13% | 1.35% |
| Patni Computers (PTI) | 3.61% | 11.84% |
| Genpact (G) | 2.19% | 16.50% |
| Dr. Reddy’s (RDY) | 2.05% | -12.04% |
| Rediff (REDF) | 1.14% | -12.99% |
| Infosys (INFY) | 1.03% | -9.51% |
| Sify (SIFY) | -2.02% | -18.57% |
| WNS Holdings (WNS) | -7.35% | -31.54% |