BusinessFive Stocks Gain Despite Eight-Week Nifty Decline
The Nifty 50 index has fallen for eight consecutive weeks, dropping 8.5% amid concerns over earnings, foreign fund outflows, and market uncertainty. However, five stocks—Kotak Mahindra Bank, Adani Ports, Eternal, Dr. Reddy's Laboratories, and Coal India—posted positive returns over the past two months. Kotak Mahindra Bank led with a 4.5% rise, driven by strong Q1 profit growth and new CEO appointment, followed by Adani Ports and Eternal with gains of 3% and 2.5%, respectively.
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