It has been a good financial year for stock market investors with the Nifty50 index surging around 17%. The rally in select individual stocks in the Nifty50 index, however, has been sharper. Hindalco, for instance, surged 116% during the year. Indian Oil (IOC), YES Bank, Maruti Suzuki, State Bank of India (SBI) and Tata Steel rallied 49% - 91%.
On the other hand, Sun Pharma, Infosys, Dr Reddy’s Labs, Wipro and TCS were among the laggards that lost 3% - 16% during the year.
Also Read: Consumer durable, capital goods stocks outperform. Should you buy?
Also Read: Consumer durable, capital goods stocks outperform. Should you buy?
Outcome of assembly