Nifty surpasses 20,000 mark: Check out one index stock that has missed the bull run

Stock market news: The benchmark index Nifty50 recorded a new high during the market opening on Tuesday, September 12, extending the gains from the previous day's trade when the 50-share index surpassed the 20,000 mark for the first time. Heavyweights such as Adani Enterprises, Tata Motors, Adani Ports, NTPC, and Cipla have actively participated in the rally and have also been the top gainers of the index since the Nifty's March 2023 low.

While 49 out of 50 stocks have participated in the market rally to help the index reach a record high, only one stock has given negative returns: UPL, a company that manufactures and markets agrochemicals and industrial chemicals.

According to Zee Business research, UPL shares have slipped 13 per cent since Nifty's March low. In 2023 so far, UPL stock has declined over 15 per cent. 

Meanwhile, Tata Consultancy Services, Reliance Industries, Kotak Mahindra Bank, HDFC Bank, and HUL are among the blue-chip stocks that least supported the Nifty50's rally but still gave positive returns.

Since the low recorded in March till date, Nifty has gained around 18 per cent and 32 out of 50 stocks have given returns of more than 18 per cent. On the flip side, 17 stocks have given less than 18 per cent returns.

Nifty 50 had recorded a life high earlier on June 28, when the headline surpassed the 19,000 level. Since then, it took around 50 trading sessions and 103 days to reach the 20,000 mark.

Nifty 50's journey of 20 years  

According to Zee Business Research, Nity50 has given 14x returns in the last 20 years. From September 11, 2003, to September 11, 2023, Nifty's compound annual growth rate (CAGR) stood at 14.2 per cent. 

Stocks that have been a part of the Nifty since the beginning

12 stocks that have been a part of the Nifty 50 since its inception:

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