Business Standard

Sensex gains 17% in FY19, Nifty50 up 15%; double-digit gain 3 yrs in a row

Among individual stocks, Bajaj Finance, RIL and Axis Bank have rallied over 50% each, while ICICI Bank, TCS, Infosys, SBI and HUL gained in the range of 26 per cent to 50 per cent during FY19

stock market
Web Exclusive Premium

Deepak Korgaonkar Mumbai
The S&P BSE Sensex and theNifty50 reported double-digit return for the third consecutive financial year (FY19) - rallying 17 per cent and 15 per cent, respectively. During FY18, both the indices had moved up 11.3 per cent and 10.2 per cent, respectively.

The gain in the current financial year (FY19) was led by financials, information technology (IT), fast moving consumer goods (FMCG) sectors and Reliance Industries (RIL).

ALSO READ: India to outperform poll-bound emerging markets in 2019

A bulk of the gains during FY19 came in March after the foreign investors pumped in over $5 billion in

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 29 2019 | 10:24 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com