As part of our special year-end piece, here is the performance of Sectoral Indices. Apologies as this is a little dated, but the numbers haven’t changed much from the 22nd of December. Wish you a great 2016! The Nifty 50 has declined -6% over the past 357 days ( Our period of comparison would be 31-Dec-14 to 22-Dec-15 – both days inclusive ) the Sectoral Indices have declined by an avg. of -9.20% over the same period. Trailer of 2015: The year 2015 favored Pharma companies the most. Nifty Pharma Index ranked 1st with a growth of +5.90% . Increased number of inspections & approvals from worldwide regulatory agencies including US FDA, Indian & European Authorities has brought this sector into the limelight as the one to watch out for in 2016. However, since Mid Cap stocks are considered as wealth creators, it would be interesting to see as to how does this Index perform taking into account that all the 10 stocks constituting this Index are Large Cap stocks which are generally considered to be wealth preservers. … (Read On…)
[via Capital Mind]
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