The week that was: Responsive Ind zoomed 55%, RBL Bank tanked 27%

New Delhi: The domestic equity markets ended the last week of 2021 on a higher note, thanks to all-around buying amid holiday-thinned trading.

The benchmark indices Sensex and Nifty50 advanced over 2 per cent each, with a 3 per cent rise in the midcap index and a 4 per cent rally in the benchmark for small-cap peers.

"Markets ended the final week of 2021 with decent gains amid mixed cues. The benchmark started the week on a firm note. However, concerns around Omicron dampened investor sentiment globally, which also kept domestic markets on edge in the middle," said Ajit Mishra, VP Research, Religare Broking.

In the BSE500 index, over 400 stocks registered gains during the week, whereas less than 100 stocks ended in the negative zone. Over two dozen stocks gained more than 10 per cent.

Here are key stocks that were in the spotlight during the week:

Responsive Industries: The Vinyl flooring maker zoomed 55 per cent to Rs 169.95 during the week as the company told exchanges its board had approved a revised scheme of amalgamation of Axiom Cordages.

Shriram EPC: The construction and engineering player rallied over 47 per cent to Rs 11.11 in the last week of 2021 as the company is eyeing to raise Rs 700 crore, including the issuance of equity worth Rs 350 crore, along with convertible and non-convertible debentures of up to Rs 175 crore each.

Nureca: The healthcare supplies player advanced up to 42 per cent to Rs 2,005.35 during the week amidst the rising Omicron cases in the country. The country owns Dr Trust and Dr Physio brands which manufacture products like oximeters, thermometers, BP monitors, nebulizers and multivitamins.

Kabra Extrusion Technik: The smallcap industrial machinery player soared 32 per cent to Rs 472.3, hitting a new peak after the company announced a capital expenditure plan of up to Rs 100 crore for expansion of battery division. The board also approved a proposal to raise up to Rs 301 crore for expansion of its future technologies brand Battrixx.

Tata Teleservices (Maharashtra): The telecom arm of Tata Group was in demand in 2021. The counter zoomed over 2,500 per cent in 2021, thanks to its turnaround story. It added another 28 per cent in the previous week to Rs 206.95.

Graphite Electrode: The two players listed in the sectors were high in demand on the back of price hike reports for the next quarter, likely to provide a leg up to these companies’ profitability. Graphite India surged 25 per cent to Rs 508.35, whereas HEG added 13 per cent to Rs 1,788.25.

IDFC: The NBFC gained 21 per cent to Rs 63.1 after the board of IDFC First Bank said that it has favoured the merger of IDFC and IDFC Financial Holding (promoter group) with the bank.

RBL Bank: The private lender was in the doldrums following the RBI's intervention after the bank wrote off loans worth Rs 300 crore within seven months of sanctioning them. Also, its MD and CEO was on leave and the position was filled on an interim basis. The company tanked 26 per cent to Rs 127.05.

PTL Enterprises: The products player shed over 21 per cent to Rs 31.25 during the week after the company purchased 2,80,000 equity shares of Apollo Tyres on Friday. The company is also eyeing to plan a sub-division of equity shares.

Dilip Buildcon: The firm dropped 8 per cent to Rs 442.8 following the CBI raids in the company's office probing the National Highway Authority of India (NHAI) officials bribery case. The company is also working on the Bhopal Metro Rail project.