1 in every 5 stocks in Nifty 500 doubled your money in a year
The index’s performance is also its second-best in the previous 10 years. Mid- and small-cap stocks were the top performers in the April-March period, while the financial year witnessed the resurgence of investment themes such as power, capital goods, and PSUs, which were mostly out of favour since 2008.
India’s stock market concluded the financial year 2023-24 on a buoyant note, with the Nifty jumping nearly 28.6%, making it one of the top-performing markets in the world.
AgenciesThe ’s performance is also its second-best in the previous 10 years. Mid- and were the top performers in the April-March period, while the financial year witnessed the resurgence of such as power, capital goods, and PSUs, which were mostly out of favour since 2008.
AgenciesAbout one-fifth of the stocks doubled in FY24. and , with 135% gains, were the top gainers among Nifty stocks, while , and lost value.
AgenciesThe broad-based rally cemented Tata Group’s position as the country’s most valuable business house with market capitalisation topping `30.20 lakh crore.
AgenciesSource: Stocks-Markets-Economic Times
