What Rs 1 lakh invested in top stocks exactly a year ago turned into now

India, as well as the global markets, rebounded sharply from Covid-19 lows logged on March 23, 2020

markets, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain
Representational image
Samie Modak Mumbai
1 min read Last Updated : Mar 24 2021 | 12:57 AM IST
The one-year rolling return for benchmark Nifty and Sensex on Tuesday stood at about 90 per cent. India, as well as the global markets, rebounded sharply from Covid-19 lows logged on March 23, 2020. Previously, the benchmark indices had witnessed a higher one-year return only in 2010, when the domestic equities bounced off sharply from the global financial crisis. The market recovery on both occasions – 2009-10 and 2020-21 — had one common factor---pump priming by global central banks, mainly the US Federal Reserve.
 
A year ago, there was extreme fear on the Street with stock prices falling like nine pins. However, investors who managed to muster up the courage to invest are currently sitting on eye-popping gains. We look at how Rs 1 lakh invested in top gaining stocks and key indices would have grown into now.

 

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Topics :Retail investorsNiftySensex

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