Top Movers

In a meek week of trading, the BSE Sensex and NSE Nifty slid by 0.75 and 0.5 per cent respectively. The broader BSE 500 was down by 0.4 per cent for the week. Worries of slowing growth continued with data indicating that January industrial output remained weak.

The Reserve Bank of India (RBI), however, did send out positive signals at the end of the week by cutting the cash reserve ratio by 75 basis points. On the global front, despite Greece arriving at a debt swap agreement with private lenders, markets remained jittery over the country and a European slowdown, in general.

Top Gainers

The stock of power producer CESC , which supplies electricity to Kolkata, was the top gainer of the week with its stock price gaining 9 per cent. Aiding the stock's rise was the company's decision to hike tariffs by 13 per cent.

The stock of Alfa Laval , which is in the process of delisting its shares from the bourses, was also up 9 per cent as the scrip caught up with company's delisting offer price of Rs 4,000.

The delisting buzz also fuelled the rally in the shares of Fresenius Kabi Oncology which gained 6 per cent.

The stock of cash-rich pharma firm, Piramal Healthcare , was up 8 per cent by the week's close on reports that the company has sealed a deal to purchase a substantial property in Mumbai. Investors seem enthused that the company is finally deploying cash received when it sold its formulations business two years ago.   

Increasing buzz over a possible merger with Satyam sent Tech Mahindra shares 7 per cent higher by the end of the week.

The stock of Reliance Power too gained 7 per cent during the week. Hopes are high that a newly-elected SP Government could prove to be a turning point for the company's fortunes in the State of Uttar Pradesh.

Capping the list of top gainers is the stock of Apollo Hospitals which gained 6 per cent following the end of a nurses' strike which had crippled operations at its Chennai hospitals.

TOP LOSERS

Not surprisingly, the stock of Kingfisher Airlines was among the top losers of the week. The company's share price slid 12 per cent by the end of the week. The continuing battle to remain in the skies took a hit when the company was suspended from two more platforms which were used by passengers and travel agents to book tickets.

The company was also jolted when oil marketing companies temporarily suspended fuel deliveries to the carrier mid-week, though resuming supplies shortly after.

The company's woes look set to continue with the Central Board of Excise and Customs and other tax authorities looking for their pound of flesh in the flying morass. Kingfisher Airlines' parent company, UB Holdings , also saw its stock price sink by 9 per cent during the week.

The stock of Adani Enterprises also shed 10 per cent as the company's subsidiary, Adani Ports, was reportedly under the scanner for its alleged role in a money-laundering scam. The stock of Adani Ports itself lost 8 per cent over the course of the week.

Fears that stagnant reforms in the retail segment may receive a further setback with the Congress' drubbing in Uttar Pradesh sent the shares of retailer Pantaloon Retail 10 per cent lower during the week.

News that Hindalco is looking to dispose of Novelis ' foil rolling facilities in Europe did little to help the company's share price. With global aluminium prices still looking weak, the company's shares were down by 9 per centfor the week.

Continued concerns over the parent company's reorganisation pushed the shares of Sterlite Industries lower by 9 per cent. Shares of group firms — Hindustan Zinc and Sesa Goa — shed 7 per cent and 5 per cent respectively.

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