An year full of highs and lows
Calendar 2017 was an eventful year for the Indan market, as it was full of highs and lows. The year saw both Nifty and Sensex reach their lifetime peak. As the year draws to a close, ETMarkets.com captures what happened to your money during the year in 10 charts and tables.
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ThinkStock Photos
Up, Up, and Away!
After years of dull performance, bulls on Dalal Street sprung back of life in 2017 as BSE Benchmark Sensex zoomed nearly 28 per cent on a year-to-date basis. The index signed off the year on a resounding note with Sensex hitting fresh lifetime high on the last trading session of the year.
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Agencies
Nifty: In prime touch
Noting could deter Dalal Street bulls in 2017, as Indian equities continued to top their lifetime peak all through the year. The NSE benchmark Nifty50 ended with a splendid gain of 28.62 per cent. On the last trading session also, the index closed a tad below its all-time high.
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Agencies
And the award for best performance…
Goes to hydroelectric power generator HEG, a midcap stock, that zoomed 1,232 per cent during the year. It was the best performing stock from the BSE500 pack. HEG is closely followed by
Indiabulls Ventures, which gained 1,202 per cent. Among others, Graphite India, Venky’s India and Rain industries gained in excess of 500 per cent
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BCCL
And the worst performance…
Came from 52 Weeks Entertainment which lost as much as 97 per cent. Pincon Lifestyle and TV Vision were the next in line, having eroded investor wealth by 95 per cent and 94 per cent, respectively.
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BCCL
Mid-path to success in wealth creation
…was all shiney, as the BSE Midcap Index rose to 17,822 (29th December 2017) from 12,131 levels in January ‘17, Does it mean midcaps are the real creators of millionaires? Well, we reserve our verdict.
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Agencies
Small is beautiful, and yes it is
Calendar 2017 proved to be the year of smallcap stocks, as they witnessed secular growth, lifting the BSE smallcap index over 50 per cent for the year. The BSE Smallcap Index rose to 19,111.80 on December 26 from 12,046.13 on December 30, 2016.
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Agencies
Green against greenback all the way
Domestic currency rupee danced to the tune of global headwinds but managed to keep its head high and rose steadily against the greenback through the year to end at 63.87 against the dollar on December 28, compared with 68.02 at the start of the year.
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Agencies
IPOs played Santa all year, had something for everyone
Calendar 2017 was the year of IPOs, with as many as 36 issues hitting the main bourses, and raising over Rs 65,000 crore, according to corporate database Capitaline. And look, who laughed their way to the bank! The maximum listing gain for the year was over 100 per cent (from Avenue Supermarts and Salasar Techno Engineering) while the CL Educate listed at discount of 21 per cent. The BSE IPO index advanced over 1,400 points since December 30, last year.
9/13
Agencies
Unending wait for rate cut
RBI kept the EMI-burdened Indian waiting for an interest cut, refusing to loosen its purse easily. The central bank cut rates only once by 25 basis points in August. The primary reason, as cited by RBI, was to control the ever growing inflation.
10/13
Agencies
Onions return to give us tears
Did you find your mom crib over grocery bill? Well, it was all hunky-dory till the last quarter of the year, when prices started rising again after keeping low for full nine months. CPI inflation hit its low point and then trended upward before hitting a 15-month peak in November 2017 (4.88 per cent), thanks mainly to a spurt in vegetable prices and GST rollout.
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Agencies
Oil is not well, we aren’t too!
Go, try a pool car. Crude oil prices experienced a rise from the middle of the year after staying low for almost three long years. The rise became more prevalent after the decision of Opec and other oil producing economies to go for production cuts. Brent crude surpassed the 2015 level and is trading around $66.39 levels.
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Agencies
All that glitters is not gold
We told you so. The yellow metal has lost its appeal with the Indian housewife! No, that’s an exaggeration. But it has surely lost its charm with gold investors. The yellow metal had a rather volatile year, with prices fluctuating constantly. By December, the prices were up 4 per cent at Rs 29,258 (on December 28) from its January 2017 level.
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Agencies
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