FY17 overview: Markets soar; Hindalco, IOC rule the roost

Here are the top FY17 gainers and losers

Bulls tightened their grip on Dalal Steet in FY17, a year that was marked by volatility from global and local events, with benchmark indices posting double digit returns. Nifty50 index reached its record high of 9,218 while Sensex rallied over 4,000 points this financial year.

 
The emphatic BJP victory in the state elections, strong economic data, stable quarterly earnings despite demonetisation led to the rally. The gains were also backed by good FII inflows while domestic institutional investors also supported the sentiment. Global events like Brexit, Fed rate hike and Donald Trump winning the US Presidential elections also