Nifty@5500: Stocks that helped it get there

Moneycontrol Bureau

Indian equities have been on a roll through 2012 boosted by ample liquidity conditions, lower inflation and falling interest rates in emerging markets. The Nifty today surged past key psycological level of 5500 for the first time since August 2011, and the Sensex also breached the 18,000 mark.

However, most investors and analysts -- cautious in anticipation of downgrades -- have been caught off guard by the one-way upmove. No one had expected to see the kind of foreign inflows that we have seen so far -- over USD 2 billion at last count.

The NSE 50-share benchmark Nifty is up nearly 19% since start of the year. During this period, the beaten down CNX Realty index rose 45%, while the CNX Metal index is up 38%.

Anil Ambani-led Reliance Infra comes out as the star performer on the Nifty with gains of 84%. Sesa Goa comes in as a distant second with gains of nearly 56%. (See table below for complete list)

Despite the exuberance seen across the market, four index heavyweights did not participate in the rally; in fact, they gave negative returns. These were Infosys, HUL, Bharti Airtel and GAIL. Cipla too posted almost flat returns for this period.

Outside the Nifty, the scene was even greener. Four non-index stocks such as IVRCL (113%), Orbit Corp (113%), Lanco Infra (103%) and (HDIL) (103%) made investors a lot of money.

Let's take a look at the top Nifty gainers: 

Company Name	02/01/2012	14/02/2012	% Chg
Reliance Infra.	334.3	615.85	84.22
Sesa Goa	157.1	244.7	55.76
Reliance Power	69.95	108.6	55.25
JP Associates	52.65	79.5	51.00
I D F C	91.95	138.1	50.19
Tata Motors	183.95	267.95	45.66
Hindalco Inds.	112.25	161.1	43.52
Tata Steel	341.1	487.95	43.05
Sterlite Inds.	90.25	129.05	42.99
Axis Bank	794.8	1129.65	42.13
Rel. Comm.	72.1	99.2	37.59
Larsen & Toubro	1009.05	1379.5	36.71
S A I L	81.6	110.6	35.54
ICICI Bank	696.55	943.7	35.48
St Bk of India	1627.65	2200.15	35.17
Maruti Suzuki	938.9	1267.7	35.02
Kotak Mah. Bank	421.75	559.85	32.74
Punjab Natl.Bank	766.25	1015.75	32.56
DLF	179.2	234.6	30.92
Jindal Steel	460.55	598.8	30.02
B P C L	480.5	598.3	24.52
Siemens	638.15	790.6	23.89
HDFC Bank	426.85	517.9	21.33
Cairn India	314.75	378.85	20.37
Reliance Inds.	706.55	848.9	20.15
HCL Technologies	393.6	468.25	18.97
Tata Power Co.	88.15	104.2	18.21
ACC	1138.85	1339.2	17.59
Bajaj Auto	1475.5	1732.35	17.41
Grasim Inds	2418.1	2833.75	17.19
NTPC	158.15	181.65	14.86
Hero Motocorp	1838.85	2081.8	13.21
B H E L	236.55	265	12.03
Sun Pharma.Inds.	495.2	554.6	12.00
Power Grid Corpn	100	109.4	9.40
Ambuja Cem.	156.25	170.75	9.28
Wipro	399	435.1	9.05
H D F C	650.4	697.75	7.28
Coal India	312.15	334.35	7.11
O N G C	258.35	276.1	6.87
M & M	674	717.3	6.42
Ranbaxy Labs.	412.5	433.65	5.13
TCS	1178.6	1220	3.51
Dr Reddy's Labs	1569.6	1610.65	2.62
ITC	198.65	202.55	1.96
Cipla	320.75	321.2	0.14
Infosys	2808.95	2801.05	-0.28
GAIL (India)	386.75	385.55	-0.31
Bharti Airtel	344.8	342.35	-0.71
Hind. Unilever	402.4	391.85	-2.62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OTHER MAJOR GAINERS

Mercator up 93%
Jet Airways up 93%
Dena Bank up 90%
IFCI up 88%
UCO Bank up 84%
HCC up 74%
DB Realty up 67%
JSW Steel up 67%
Shree Renuka up 60%
Unitech up 60%
Voltas up 48%

Sagar Salvi
sagar.salvi@network18online.com