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    Market recap: Here's how stocks performed in Q2

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    Market recap: Here's how stocks performed in Q2

    Although September was good for the market, overall, the second quarter was one of the worst since March 2018. FII outflows have been the worst since December 2016.
    Let’s quantify the losses. For the second quarter, we are down nearly 315 points. The last time we were down more than that was in March 2018 quarter. The FIIs' total sell-off stands at $4 billion in the second quarter.
    The Big Losers
    The PSU banking index, the metal index and the realty index have been under pressure, with all of them sitting with sharp cuts.
    The Nifty Bank is down nearly 6 percent but the smallcap index is down around 10 percent, which is why portfolios have got crunched.
    Yes Bank lost more than 60 percent of its market capitalisation. Tata Steel, Tata Motors have been under pressure. Even the biggest PSU banking stock, SBI, saw big selling.
    RBL Bank, having some exposure to select companies, hasn’t been doing too great while SAIL and BHEL too are down more than 30 percent.
    The Big Gainers
    A few names have done quite well in the last quarter. Among those who have performed well are ICICI Prudential, Berger Paints and Asian Paints. United Spirits has gained 14 percent.
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