Lighting up your Diwali! Cupid, HFCL, Sterlite Tech, MTAR: 10 multibagger stocks that soared over 150% in Samvat 2082
Mint · Pranati Deva ·
Indian equities fell during Samvat 2082 amid foreign outflows, geopolitical tensions and higher crude prices, but 16 Nifty 500 stocks gained more than 100%. Cupid and Sterlite Technologies led with returns of 570% and 556%.
Indian equities fell during Samvat 2082 amid foreign outflows, geopolitical tensions and higher crude prices, but 16 Nifty 500 stocks gained more than 100%. Cupid and Sterlite Technologies led with returns of 570% and 556%.
Samvat 2082: Indian stock markets witnessed a challenging Samvat 2082, with benchmark indices declining amid sustained foreign institutional investor (FII) selling, geopolitical tensions, rising crude oil prices following the West Asia conflict and capital outflows triggered by higher US bond yields. The Sensex declined 7.9% during the Samvat, while the Nifty 50 fell 6.8%, according to data as of November 4.
However, the correction in benchmark indices did not prevent several individual stocks from delivering exceptional returns.