Over 67% stocks still below Jan ’18 levels despite bull run
Synopsis
Top indices with hefty overseas ownerships – the Nifty and the Sensex – have risen in lockstep with global equities to new summits, but the report cards of the back benchers aren’t so flattering. And many front-benchers aren’t smiling either.
Mumbai: The cream has clearly risen to the very top in the ongoing stocks portfolio churn, leaving a visible void below.
Top indices with hefty overseas ownerships – the Nifty and the Sensex – have risen in lockstep with global equities to new summits, but the report cards of the back benchers aren’t so flattering. And many front-benchers aren’t smiling either.
About 68 per cent, or 1,818 out of the 2,688 stocks in the active listed universe,
BY
ET Bureau
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