By--Varindar Bansal, Anichya Shah and Shravan Sreenivasula

CNBC-TV18

The year 2007 was outstanding for Indian equity markets as both the benchmark indices Sensex and Nifty conquered new peak with hefty gains -----47% and 53% respectively for the period December 29, 2006 -December 30, 2007. The BSE Sensex added six thousand points during the year, which was better than the five thousand points it added in 2005.

Index Changes

FIIs Flows

The Foreign Institutional Investors (FIIs) have also shown enormous interest in the Indian markets by making record investment of USD 17 billion in a single year. FII investment of USD 10.7 billion in 2005 was the previous high.

Year	FIIs Flow (USD bn)
2007	17.00
2006	7.99
2005	10.70
2004	8.52
2003	6.59
2002	0.75
2001	2.84
2000	1.38

 Sectoral Indices

Sectorally, BSE metal, capital goods, oil & gas, consumer durable and bankex have outperformed the Sensex. However, FMCG, healthcare and auto sectors remained underperformers. IT was the only sector that has given negative return for the year.

Indices	Returns (%)
Metal Index	121%
Capital Goods Index	116%
Oil & Gas Index	114%
Consumer Durables	85%
Nifty Junior	74%
PSU Index	70%
Bankex	61%
FMCG Index	18%
Healthcare Index	14%
Auto Index	1%
IT Index	-14%

Top 2007 F&O Stocks:

In the F&O segment, a few stocks gave hefty returns. Stocks like RNRL gained over 700%, Ispat Industries surged over 600%, IFCI, Jindal Steel & Power and Nagarjuna Fertilisers & Chemicals rose over 500% in one year. 

Stock	2007 Returs (%)
Reliance Natural Resources	701%
Ispat Industries	635%
I F C I	574%
Jindal Steel & Power	569%
Nagarjuna Fertilizers & Chemicals	545%
Essar Oil	487%
India Infoline	481%
Welspun-Gujarat Stahl Rohren	391%
Educomp Solutions	390%
Gujarat N R E Coke	364%
Jaiprakash Hydro Power	359%
Neyveli Lignite Corpn.	341%
Reliance Capital	331%
Bhushan Steel	318%
Reliance Energy	315%
Reliance Petroleum	253%
G M R Infrastructure	250%
Aban Offshore	248%
J S W Steel	241%
Lanco Infratech	233%
MRPL	230%

Reliance pack Chg (%) in 2007

Notably, the Reliance pack offered great returns to its shareholders. ADAG stocks like RNRL rose 600%, Reliance Capital increased 326% and Reliance Energy shot up 311%. On other hand, Reliance stocks belonging to Mukesh Ambani--- like Reliance Infra , RPL and Reliance Industries surged 300%, 249%  and 128%, respectively for the year.