Over 52 per cent of stock market investors are still losers even as the benchmark Sensex has gained over 2000 points to 14,643 over the May 10, 2006 level of 12,612. Nearly 53 per cent or 1,396 of the 2,651 actively traded stocks are quoting below their May 10 levels.
Of the 125 sectors tracked by Business Standard Research Bureau, 62 sectors have lost ground, while 63 others have gained over the May 10 levels.
Sugar stocks are the biggest loser in the current rally as their market values have declined by 66 per cent. Among the other sector losers, mining stocks have lost 36 per cent, non-ferrous metals 30 per cent, aluminium 25 per cent and tea 22 per cent.
Non-banking finance has been the biggest gainer since May 10, up 118.5 per cent. The other major gainers are steel products (107 per cent), trading (70 per cent), telecommunications (52 per cent) and construction (46 per cent).
In the period, all groups have produced losers. This means large-cap companies from A group, fundamentally strong companies from B1 and junk category stocks from the trade-to-trade group. Now, even 12 Sensex stocks are trading below their May 10 levels.
The market value of all the loser stocks has eroded by Rs 326,273 crore or 19.6 per cent. Of the losers, the market value of 88 stocks was down between 50 and 90 per cent each, while it was down from 25 to 50 per cent each for 493 scrips and between 10 and 25 per cent for 522 counters each.
The market value of 101 A group stocks has declined by Rs 187,707 crore or 16.3 per cent, while 381 B1 group scrips lost Rs 72,476 crore or 22.7 per cent and 914 stocks in other groups lost Rs 66,000 crore or 33 per cent.
Around 47 per cent or 1,255 stocks have been gainers since May 10, adding market capitalisation worth Rs 559,514 crore.
However, the major gainers, in terms of market capitalisation, were still the A group stocks. The market value of 97 stocks moved up Rs 409,192 crore or 26.6 per cent.
Among other group stocks that have gained during the period, as may as 367 B group scrips logged their biggest gains at 80.3 per cent, while 422 counters in the trade-to-trade group saw 118 per cent gains. As many as 201 B1 group stocks gained an impressive 42.8 per cent, while 166 stocks in S group appreciated by 33.9 per cent.
© 2025