Sensex in Review: From NTPC to Hindustan Unilever, here are top 10 Sensex stocks that moved the most in 2023
Nifty 50 in Review | From Tata Motors to Infosys, here are the top 10 Nifty 50 stocks that moved the most in 2023 The bullish trend was underpinned by sustained inflows from domestic mutual funds, foreign capital, better-than-expected economic growth, and robust corporate earnings. Investors on Dalal Street witnessed a significant boost to their wealth, with a staggering ₹81.90 lakh crore added in 2023, propelled by an impressive rally in stocks. However, in the final trading session of the year, both Nifty 50 and Sensex experienced a halt to their five-day winning streak.
The Nifty 50 settled at 21,731.40, and the Sensex closed at 72,240.26. This pause was attributed to profit-booking in select heavyweights, even as the mid and smallcap indices concluded with substantial gains. Over the last five trading sessions, the BSE benchmark surged by 1,904.07 points or 2.70%, while the Nifty climbed 628.55 points or 2.97%.
In the last one year, the Sensex benchmark rose over 19 per cent. Additionally, the midcap and smallcap indices significantly outshone the benchmarks, with the BSE Midcap index soaring by 46 per cent and the Smallcap index surging by an impressive 48 per cent. Also read: Stock market in 2023: Here are 10 key milestones achieved by Indian stock market this year Also read: 2024: Equity market set for eventful journey on LS polls, interest rate trajectory Looking ahead, the markets anticipate a potential increase of 15 percent from the present levels.
Read more on livemint.com
