The bull market is here, that’s for sure

The market rallied further last week, with the Sensex finishing 3.21% or 604.75 points higher, and the Nifty ending 3.04% up. The CNX Midcap Index outperformed the two main indices, marginally with a gain of 3.90%.

DLF was the biggest winner among the index stocks with a 9.1% gain. The other index stocks to go up included Maruti Suzuki , Hero Honda , Reliance Infrastructure and HDFC , with gains ranging between 7.8% and 6.6%. None of the index stocks declined last week.

Atlanta was the biggest winner among the more heavily-traded non-index stocks with a 31% advance. The other non-index stocks to move up included Gravita India , DB Realty , Kwality Dairy India , Delta Corp , Reliance MediaWorks , LIC Housing Finance and HOEC with gains between 21.5% and 11.1%.

Acropetal Technologies was the biggest loser among the more heavily-traded nonindex stocks with a 16.7% loss. The other non-index stocks to go down included Piramal Healthcare, Tech Mahindra, Fineotex Chemical, Jain Irrigation, MOIL , Coal India and Sun Pharmaceutical, with losses falling between 13% and 2.8%.