Friday, December 28, 2012

Performance of blue chip stocks in 2012!

So, which is the blue chip gainer for the year 2012 in the Indian stock market? It is perceptibly Tata Motors. Deemed the best stocks of 2012, Tata Motors stocks exceeded market expectations in price rise. Thanks to hopes of its luxury unit Jaguar Land Rover of exhibiting a turnaround in its performance!

Amongst the worst of performers in blue chip Stocks 2012, is Infosys Ltd. Continual apprehensions about global demand for software services have led to the fall of these IT stocks. Among the various sectors, lenders performed the best followed by real estate and FMCG. The banking index of the BSE  Sensex went up by 57 percent. ICICI gained 60 plus percent while HDFC Bank rose more than 50 percent. Equal gainers in this category include L&T and Maruti at 60 percent plus and Sun Pharma at 50 percent plus.

The RBI, after a 50 basis points rate cut in April, may further cut the repo rate more firmly next year.

3 comments:

  1. Indian stock market is likely to offer very good returns. Stock market traders dealing in NSE can avail NSE TIPS from the reputed stock advisor company so as to book good profit from the share market, however stock traders should not rely blindly on NSE tips provided by advisors and should do their own research before executing any order.

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    Replies
    1. Completely Agree with you Buddy! Stocks should not be traded blindly after all it's your hard earned money! I personally read through market news from in.reuters.com to make my own judgement in liason with my stock advisor.

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  2. Commodity trading is done in MCX and NCDEX. Commodity traders dealing in GOLD, SILVER, COPPER etc should look for some commodity tips from the reliable sources so as to make their trading sessions as profitable sessions. Commodity market is picking pace at very rapid speed and offers very good returns.

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