Diwali 2023 to Diwali 2024 stock market performance: Check multibagger stocks that delivered up to 248% return
In Samvat 2080, Nifty delivered double-digit gains of over 26 per cent, with the Nifty PSE index topping the chart despite the recent sharp correction.
Since last Diwali which was celebrated on November 12, 2023, the headline Nifty index so far has risen by a sharp over 26 per cent. And as we are set to usher in a new Samvat 2081 this Diwali, here's a look at how stock markets fared:
Trent- new entrant in bluechip Nifty index delivered multibagger returns
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Other notable Nifty gainers since last Diwali
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IndusInd Bank led losers list
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Bajaj Finance among other top Nifty losers since last Diwali
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Nifty PSE index topped
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Broader markets also posted double-digit gains
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Nifty Smallcap also buzzed
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During the period under study, Nifty Smallcap index also buzzed and gained 37 per cent. Some of the stocks that were the top performers and delivered multibagger returns from the basket included stocks like Inox Wind, NALCO, MCX and Aditya Birla Real Estate. The returns from each of the stock are as specified below:
INOXWIND +248%
MCX +160%
Nalco +148%
Aditya birla real estate +142%