Loyal stocks of 2006

RELATED NEWS Fundamentals strong to sustain rally next yr: PN Vijay Boom Year 2006: Is the party over for Equity in 2007? Could we end the year with a bang? Nifty BSE | NSE 30/05/12 Are Mutual Funds betting on Nifty? Other Stocks in this news Era Infra Engineering | Hindustan Construction Company | Hindalco Industries | HSBC InvestDirect (India) | Indian Petrochemicals Corporation | Jindal Stainless | Larsen and Toubro | Bosch | Maharashtra Seamless | Nahar Spinning Mills | Reliance Industries | Sangam (India) | Ajmera Realty and Infra India | United Breweries Holdings | UltraTech Cement | Tata Communications |

The year 2006 has been quite an important year for the BSE Sensex. The Sensex crossed five important levels in this calendar year. Besides crossing the main barriers of 10k,11k,12k,13k and 14k, the Sensex also went through some ups and down.

There was a short bear market from the Sensex's May 11 top of 12,671 to its June 14 bottom at 8,799, when the markets dropped by 31%. Again between December 7-12, the Sensex witnessed a three-day carnage when it fell by 1000 points.

With economic and corporate fundamentals in good shape, the weak spots did not make the experts change their mind as they continued to maintain their bullish stance on the Indian stock market and adviced investors to take these opportunities to pick up quality stocks and not to panic.

They feel that the volatility in the markets is largely due to loss of funds, December vacation mood, short covering and that the upcoming events like good corporate results and budgetary expections, if met, can trigger the markets hereon.

This underlying strength of the market is upheld by the strong India Inc story. Analysing the performance of companies in the five rallies of this calendar year, Moneycontrol finds out a set of 59 companies that participated in all the five rallies of the Sensex. These are all companies with strong inherent stories, experts say.

Some of the notable names are IPCL , L&T , Reliance Industries , UltraTech Cement , VSNL , Sh Precoat Stl , United Breweries(hold), Nahar Spinning , Hindustan Construction , Ansal Properties , IL&FS Investsment , Era Construction , Jindal Stainless , MICO ,  Hindalco Inds ,  Maharashtra Seamless , Sangam India and many more.

 

Cos that participated in     10k,11k,12k,13k,14k rallies
IL & FS Investsm	I P C L
Anjani Fabrics	Ind Bank Housing
Ansal Buildwell	Jindal Stainless
Ansal Properties	Larsen & Toubro
Areva T&D	M I C O
Asian Tea & Exp	Mah. Seamless
Balkrishna Inds.	Max India
Banco Products	Nahar Spinning
Beck India	Om Metals Infrap
Bharat Bijlee	P I Drugs & Phar
Carborundum Univ	Pantaloon Retail
Chamatkar.net(I)	Permanent Magnet
Coral Labs.	Prime Textiles
Crew B.O.S. Prod	RDB Inds.
Deccan Cements	Reliance Inds.
Era Construction	Ruchi Strips
ESI	Sangam India
Excel Inds.	Sarup Tanneries
Gagan Gases	Sh. Precoat. Stl
Garnet Construct	Sharp India
Garware Marine	Swan Mills
Gontermann Peip	Tayo Rolls
HB Estate Devel.	Tudor India
HB Leasing & Fin	UltraTech Cem.
Hind.Construct.	Uni.Brew.(Hold.)
Hind.Dorr-Oliver	Unimers India
Hindalco Inds.	Universal Office
Hydro S&S Inds.	V S N L
Vippy Spinpro	Vakrangee Soft.
Wendt India

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By-Piyu Sen