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1 in every 5 stocks in Nifty 500 doubled your money in a year
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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.
About one-fifth of the Nifty 500 stocks doubled in FY24. Tata Motors and Bajaj Auto, with 135% gains, were the top gainers among Nifty stocks, while HUL, HDFC Bank and Shree Cement lost value.
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-108865042»> The broad-based rally cemented Tata Group’s position as the country’s most valuable business house with market capitalisation topping `30.20 lakh crore.
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