What Rs 1 lakh invested in top stocks exactly a year ago turned into now

India, as well as the global markets, rebounded sharply from Covid-19 lows logged on March 23, 2020

Topics
Retail investors | Nifty | Sensex

Samie Modak 

The one-year rolling return for benchmark Nifty and Sensex on Tuesday stood at about 90 per cent. India, as well as the global markets, rebounded sharply from Covid-19 lows logged on March 23, 2020.

Previously, the benchmark indices had witnessed a higher one-year return only in 2010, when the domestic equities bounced off sharply from the global financial crisis. The market recovery on both occasions – 2009-10 and 2020-21 — had one common factor---pump priming by global central banks, mainly the US Federal Reserve. A year ago, there was extreme fear on the Street with ...

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First Published: Tue, March 23 2021. 18:18 IST
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