BSE Sensex roared back this past week by gaining almost 10% week-over-week. The previous 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.
- Videsh Sanchar (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 Oct. 26, 2007: