Amid all kinds of doubts over the ongoing stocks rally in India and the world over, the market is creating wealth!
The rapid rise in domestic equities from their March lows has not only helped investors recover much of their losses, but also created big wealth for some, with several stocks doubling prices in just three months.
Data showed 95 percent of BSE500 stocks from across sectors have delivered positive returns since March 24, when the ben
benchmark BSE Sensex had hit its 52-week low.
With a 202 percent rally, TV18 Broadcast emerged chart-topper among the 32 BSE500 stocks that doubled money from their March lows. The stock rose to Rs 37.50 on June 19 from Rs 12.40 on March 24. Others on the list included Hathway Cable & Datacom (up 200 percent), Reliance Power (up 199 percent) and Adani Green Energy (up 198 percent).
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