Top Gainers On BSE 500 In First 3 Months of 2018

Indian equity markets touched a new high in January 2018. Both the benchmark indices Nifty 50 and Sensex touched a closing high of 11,130 (January 29, 2018) and 36,283 (January 29, 2018) levels for the first time respectively. Fading effect of economic reforms like GST and RERA along with gradual pickup in corporate earnings supported the market rally.

However, in the next two months (February-March 2018), market has corrected sharply on account of implementation of LTCG from April 1, 2018 and speculation of trade war emerging between China and United States. Additionally, scams in the Indian banking sector and increase in current account deficit to 2% of GDP for quarter ended December 2017 have hurt the market sentiments.

Amidst this volatility there are some stocks that have outperformed the benchmark in the last 3 months ((January 01, 2018 till March 28, 2018). In the same period, both the benchmark indices, Nifty 50 and Sensex have plummeted ~3% and ~2.5% respectively.