The week that was in 10 actions: DHFL, Adani, Tata Power and Jewelry Games

NEW DELHI: The past week has been marked by a rebound in global financial markets, and the national stock market was no exception.

The Senbad gained 1,662 points, or 5%, to reach 35,011, after recording two weekly losses, while Nity50 jumped 523 points, or 5%, to 10,553.

Global markets were optimistic about renewed efforts to resolve trade tensions between China and the United States. In the country, the rupee has appreciated, raising hopes of limiting foreign capital outflows to more than $ 5 billion in October. Crude oil prices also fell during the week, boosting investor sentiment.

Here is an overview of the best-performing stocks that made headlines throughout the week.

Adani, Tata Power: The two power certificates jumped 41% for the week, after the Supreme Court authorized the CERC, the regulator of power, to change the contracts of 39 purchase of electricity from three power plants in Gujarat. Two of these plants are owned by Adani Power and Tata Power. Adani Power was up 41% for the week, thanks also to quarterly figures. Tata Power has increased by 10%.

Reliance Communications (RCom): With a 41% gain, this stock jumped during the five sessions of the week. The Supreme Court gave the telecom provider the necessary time until December 15 to pay Swedish equipment maker Ericsson its fee of Rs 550 crore, thus lightening the costs of a telecom operator belonging to the Anil Ambani.

Stocks in Aviation: SpiceJet, InterGlobe Aviation and Jet Airways shares climbed 14%, 11% and 5% respectively, in favor of ########################################################################################## 39, a fall in ATF prices. The data show that Brent's January futures fell 6.2% for the week, making it the fourth consecutive weekly decline.

Jewelery stocks: The number of jewelers jumped 78% during the week, optimistic about the festive demand. The dhanteras, the day considered conducive to the purchase of gold and silver, fall on Monday. PC Jewelers zoomed 78.40 percent. Stocks such as Tribhovandas Bhimji Zaveri, Renaissance Jewelery, Thangamayil Jewelery and Titan Company rose 23%.

Coal India: This title lost 7% during the week, the government having sold 3.18% of its stake in the company through an offer of sale (OFS ). The two-day number was closed Thursday, institutional buyers and individuals wishing to participate in a divestment that is expected to bring about 5,000 crore to Center.

DHFL: The stock has been buzzing all week. Earlier in the week, the company was looking to raise funds by issuing bonds with a three-year term. Later, reports revealed that NBFC had repurchased about 2,000 rupees of commercial paper, or short-term debt, ahead of schedule, in an effort to build investor confidence. The stock has increased 26% for the week.

Cox & Kings: This title gained 10% during the week when the company sold its education business to British Midlothian Capital Partners (MCP) investor for 4,387 crore. The increase in the company's debt has been one of the major concerns of badysts over the past two or three years. This transaction could help dispel investor concerns.

Tata Motors: Quarterly losses did not stop the actions of Tata Motors, which rose for the sixth consecutive session. The stock advanced 12% for the week, thanks to an 18% jump in October sales to 57,710 units. During the month, exports increased by 6% from 4,311 units to 4,554 units in one year.

Info Edge: This stock plunged 9% for the week after the company announced a profit unchanged at 78.08 RUS francs for the second quarter ended September 30th. Centrum Broking reduced its operating profit forecast by 3.6% and, respectively, for the 19th and 20th fiscal year on higher austerity and retirement expenses. The brokerage has an estimate of the company's profits of 1.5% and 0.8% for the years mentioned.