In this Samvat, investors earned 20.4 per cent from gold. The last year in which returns from gold were as good, was Samvat 2067 and 2068, though 2072 was not bad either
Among the top 10 gainers in the S&P BSE500 index, five companies are from the financial sector. This comes at a time when the sentiment was impacted by the liquidity crunch post-IL&FS fiasco.
During Samvat 2075 (till October 18), the headline S&P BSE Sensex advanced 11.5 per cent, while the broader Nifty50 index has moved up nearly 10 per cent.
Mahindra and Mahindra (M&M) rose over 2 per cent to Rs 795 on the BSE, while Tata Motors gained 1 per cent to Rs 195. Infosys rose 1.5 per cent to Rs 677
The Nifty IT index gained 37 per cent during Samvat 2074. Among individual stocks, Infosys, TCS, Tech Mahindra, and Wipro gained 49 per cent - 12 per cent during this period.
Experts say volatility is likely to continue in Samvat 2075 as well, owing to a politically heavy calendar (upcoming state elections and general elections scheduled for 2019) and macro challenges.
Looking forward, it does appear that GDP growth will move towards the 7.5% mark with a downside risk in case the present liquidity crunch affects prospective investment.