Outlook Business Desk
Sensex and Nifty have taken investors on a rollercoaster ride in 2024, swinging between record highs and a correction of nearly 20% in the second half of the year.
Heightened volatility dominated the markets as valuation concerns and lower-than-expected GDP figures weighed heavily on investor sentiment.
On the geopolitical front, conflicts in West Asia and the ongoing Russia-Ukraine war sent shockwaves through D-Street, which made safe-haven assets like gold attractive. Adding to the mix, a recent Motilal Oswal report listed the top 10 biggest wealth creators from 2019 to 2024.
In the last 5 years, the shares of the Mukesh Ambani-led conglomerate have delivered a return of over 60% on the National Stock Exchange.
The IT giant has been one of the top-performing blue-chip companies on the Dalal Street. In the last 5 years, TCS shares have surged by over 114%.
Bharti Airtel continues to maintain its position as a dominant player in the telecom sector, second only to Jio. Its shares have delivered impressive returns of nearly 290% in the last 5 years, on both the NSE and BSE.
The banking firm has consistently delivered strong performance, driven by healthy loan growth and solid asset quality. On just year-to-date basis, its shares have posted an impressive double-digit return of 30%.
The PSU bank have delivered a return of more than 150% in the last 5 years, on both NSE and BSE.
The shares of the IT giant have delivered a return of more than 176% in the last 5 years on the bourses.
Sectorally, IT stocks have been among the top performers this year, driven by recent expectations of Fed rate cuts. Over the last five years, LT has delivered an impressive return of over 190%.
Despite significant setbacks following the Hindenburg report, Adani's flagship company has maintained a strong performance on the Dalal Street. Over the past five years, its shares have skyrocketed by an astounding 1,000%. However, this year, the stock has largely remained in red.
Over the past five years, the shares of the automobile firm have delivered an impressive return of 340% on both the NSE and BSE.
HCL Technologies has also been a strong performer, delivering massive returns. Its share price has surged nearly 253% on the bourses, in the last 5 year period.