Aavas Financiers, HDFC AMC: Stocks that doubled your money in Samvat 2075

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.

Samvat 2075 saw markets rewarding investors who chose fundamentally strong stocks, irrespective of the overall market sentiment. Stock selection assumed top priority at a time when developments – both local and global – kept markets choppy and investors on edge.

Consider this. 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 situation triggered by crisis in companies like IL&FS, Dewan Housing Finance Limited (DHFL). Yet fundamentally sound companies delivered.

“The pain in Indian equities was reflective as certain key