Trending stocks of September: These stocks soared up to 84 per cent to hit their fresh 52-week highs; do you own them?
Strong HNI/institutional buying was quite evident from the spurt in volumes this month.
As always, the month of September turned out to be largely volatile for the broader indices.
NSE Nifty 50 index plunged 3.67 per cent but the way it fell last week, caught traders off-guard. The benchmark index had plunged over 1,200 points from its month’s high, thanks to the globally-induced volatility.
The bad global cues weighed investors’ sentiment as the Mid-Cap and the Small-Cap indices also witnessed profit-booking at higher levels. Despite this, stock-specific action continued on D-street as some quality small-cap and mid-cap stocks saw strong buying interest at lower levels. These good-quality stocks are among the top-trending stocks of September.
Interestingly, some stocks have also hit their respective fresh 52-week highs and demonstrated strong bullish sentiment. Strong HNI/institutional buying was quite evident from the spurt in volumes this month.
Check out some of the best-performing stocks that have increased their shareholders’ wealth exponentially this September: