Business Standard

IT, pharma firms emerge Samvat 2076 winners; Infy, Divi's Lab top gainers

On the other hand, PSU stocks and banks have been laggards - with ONGC, Indian Oil, IndusInd Bank, and Coal India delivering the worst returns.

People walk past the Bombay Stock Exchange (BSE) building in Mumbai. Photo: Reuters
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People walk past the Bombay Stock Exchange (BSE) building in Mumbai. Photo: Reuters

Samie Modak Mumbai
The IT and pharmaceuticals sectors has emerged winners for the year gone by. The BSE Healthcare and BSE IT indices delivered returns of 53.7 per cent and 48.2 per cent, respectively, during Samvat 2076 — by far the highest compared to any other sector. 

In addition, the top gainers' list of Nifty50 firms is dominated by entities from these two industries — with Divi's Laboratories, Infosys, Dr Reddy's Laboratories, and Cipla topping the returns chart. Gains ranged from 62 per cent to 95 per cent. 

On the other hand, PSU stocks and banks have been laggards — with ONGC, Indian Oil, IndusInd

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