One year of demonetisation: 5 best and worst-performing stocks

The benchmark stock indices overcame the initial shock to deliver robust returns in the first year after the announcement of the note-ban move

Defying the initial shock after the government’s move to demonetise Rs 500 and Rs 1,000 currency notes on November 8 last year, the benchmark stock indices have delivered robust returns on the back of abundant domestic liquidity and the hope of a recovery in corporate earnings.
 
The knee-jerk reaction in the early days after demonetisation was mainly attributed to the lack of enough cash in the system hitting consumption.
 
In the one year since the announcement of the note-ban move, the BSE Sensex has jumped nearly 5,800 points, or 21%, while the National Stock Exchange (NSE) Nifty has