 "stock market, brokers, growth, investors, investments, funds")
A dozen Nifty50 stocks have hit a lifetime high this month. These include State Bank of India, Wipro, Bajaj Finserv, Tata Steel, and JSW Steel. IT companies dominate the list of stocks that hit lifetime highs this year, followed by banks and financial services.
Analysts said investor interest in the IT sector stocks was driven by the fact that the industry saw little impact from Covid-19. Similarly, banks with better asset quality or improved asset quality have helped improve the sector’s representation in the stocks that hit their lifetime highs.
Except for SBI, the rest of the pack comprises of
