INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Taking its winning streak to third straight session, NSE barometer Nifty on Tuesday hit a closing high of 11,143, just 37 points
short of its record intraday high of 11,171 hit on January 29, 2018
But within the index, some stocks have not only recovered but offered handsome return of up to 60 per cent to investors in this period
Only 10 index heavyweights added a whopping Rs 6 lakh crore to investor wealth during the six months.
The list included NBFC players Bajaj
Finance and Bajaj Finserv, index heavyweight TCS, paintmaker Asian Paints and FMCG giant Hindustan Unilever.
The Bajaj duo beat even HDFC in
The NBFC twins have seen their market value surge by Rs 92,383 crore
While shares of Bajaj Finance have surged 61 per cent since January 29, those of Bajaj Finserv have climbed 41 per cent.
The HDFC duo added
Rs 70,000 crore to their combined market capitalisation
Shares of HDFC Bank rose 10 per cent and those of HDFC 6 per cent
Among the Nifty50 stocks that topped the charts during the period, TCS gained 25 per cent, Asian Paints 24 per cent, HUL 21 per cent, Kotak
Mahindra Bank 20 per cent, MM 19 per cent and Reliance Industries 14 per cent.
In terms of market value, TCS added Rs 1.5 lakh crore to its
market value to Rs 7.67 lakh crore, Reliance Industries added Rs 98,852 crore to lift its m-cap to Rs 7.09 lakh crore
largecaps in which I see value
The market will keep on doing what it has to do
You buy stocks in which you find value
I do not think the value is in largecaps
Founder, Capital Mind, told ETNow
