However, since the beginning of this month, end-user industries have started showing signs of pick-up in demand, which is expected to sustain going ahead, says Ronald Siyoni, Associate Vice president at Sharekhan by BNP Paribas.
Stocks that were in focus include names like Tata Motors DVR, which was up more than 12%, TCI Express, which rose more than 5%, and L&T, which closed with gains of over 3% to hit a fresh 52-week high.