The rally seen in equity markets in late 2020 has continued in 2021 as well. In fact in the financial year 2021 so far, the benchmark index Sensex has gained over 67 percent and is now kissing distance from 50,000. Interestingly, 8 stocks from the index have gained over 80 percent during the same time period. (Data source: ACE Equity)
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Mahindra & Mahindra | In FY21 so far, the stock has jumped 184 percent to Rs 808.15 as on January 19, 2021 from Rs 285 as on March 31, 2020.
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IndusInd Bank | In FY21 so far, the stock has jumped 168 percent to Rs 940.15 as on January 19, 2021 from Rs 351.15 as on March 31, 2020.
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HCL Technologies | In FY21 so far, the stock has jumped 125 percent to Rs 983.65 as on January 19, 2021 from Rs 436.75 as on March 31, 2020.
Reliance Industries | In FY21 so far, the stock has jumped 83 percent to Rs 2016.30 as on January 19, 2021 from Rs 1101.96 as on March 31, 2020. Disclaimer: “Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.”