Two years ago, Prime Minister Narendra Modi announced demonetisation of high-denomination currency notes. The announcement, whose primary purpose was to curtail the shadow economy, received a mixed response. While it garnered support from several bankers and international commentators, it was criticised for being planned poorly and being unfair. Data reveals that several stocks have done quite well since demonetisation. Here are top ten stocks that have rallied the most since November 8, 2016:
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10. Future Retail | Return since Nov 8, 2016: 235.86 (Image: Reuters)
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9. Sterlite Technologies | Return since Nov 8, 2016: 259.56 (Image: Reuters)
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8. Rain Industries | Return since Nov 8, 2016: 276.85 (Image: Reuters)