Tuesday, December 31, 2024

 The Indian equity markets experienced a roller-coaster ride in 2024, with investors navigating a significant correction following a record bull run. The first half of the year saw strong corporate earnings and robust macroeconomic indicators, propelling the Nifty towards lifetime highs with the benchmark hitting a new all-time high of 26,277 in September.


However, there has been a reversal since then, primarily driven by factors such as the Indian general elections, yen carry trade fluctuations, China's stimulus measures, and the looming prospect of Donald Trump's return to the White House.

Amid these turbulent conditions, here are the top gainers of the Nifty pack that successfully navigated these challenges and emerged as the top wealth creators👍👍👍👍👍👍👍👍👍👍👍👍👍👍

#Trent +132% YTD
#M&M +76% YTD
#BharatElectronics +58% YTD
#bhartiairtel +54% YTD
#SunPharma +47% YTD


Not all stocks in the Nifty universe had a dream run on the bourses this year. Here’s a look at the top laggards in the Nifty pack👎👎👎👎👎👎👎👎

#IndusIndBank -40% YTD
#AsianPaints -33% YTD
#NestleIndia -18% YTD
#TataConsumerProducts -15.47% YTD
#AdaniEnterprises -15.44% YTD


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