At a time when the frontline benchmark index on the BSE, the S&P BSE Sensex, breached the 40,000 mark, nearly 275 stocks that comprise the BSE 500 index have given a negative return thus far in calendar year 2019 (CY19).
A ‘hope rally’ that the Narendra Modi – led National Democratic Alliance (NDA) would secure a second consecutive term continued post the outcome of the general election as well. The rally has pushed the S&P BSE Sensex 10.2 per cent higher on a year-to-date (YTD) basis. The 30-share index managed to breach the 40,000 mark during this period before profit