40% of Nifty 50 stocks delivered double-digit returns this year; BPCL top gainer – check full list

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Also Read: As El Niño flips over, Skymet forecasts normal monsoon this year Moreover, metal stocks are enjoying a consistent upward trend, with industrial metal prices soaring to multi-year highs. Banking stocks have also performed strongly. This surge in major sectoral indices propelled the Nifty 50 to achieve a new record high of 22,775 points in the previous trading session.

The combined market capitalisation of NSE-listed companies now stands firmly close to ₹400 lakh crore, or $4.8 trillion. Year-to-date, the index has surged by 4.70%, with 20 or 40% of its constituents delivering double-digit returns thus far. Also Read: Multibagger Stock: Kaynes Technology surged over 160% in a year; achieved 334% growth in 17 months Leading the gains is BPCL, with an impressive increase of 34.20%, followed by ONGC, Bajaj Auto, Adani Ports and SEZ, and Tata Motors, all boasting returns of over 30%.

Additionally, stocks such as Sun Pharma, Shriram Finance, Maruti Suzuki, Coal India, SBI, M&M, Power Grid Corporation, Bharti Airtel, Tata Steel, NTPC, Reliance Industries, Cipla, Adani Enterprises, and ICICI Bank have yielded returns ranging between 11.50% and 28%, respectively. Also Read: Why is Indian stock market flirting with record highs? — explained with 5 reasons Notably, the Nifty 50 has hit new record highs approximately 21 times in the current year so far, reflecting sustained momentum and investor confidence. The participation of retail investors in Indian stocks is steadily increasing, reflecting a growing interest and confidence in the equity markets.