As Sensex rallied from 30k to 40k, these 23 stocks more than doubled investors' wealth
Updated : June 07, 2019 11:38 AM IST
Sensex closed above 30,000 for the first time on April 26, 2017 and it ended above 40,000 for the first time on June 3, 2019—taking barely 25 months for achieving the milestone.
Among the Sensex stocks, only Bajaj Finance could give more than 100 percent return during the time index travelled from 30,000 to 40,000. It surged 167 percent in the given period.
Last month, Morgan Stanley had said it has set June 2020 target for Sensex at 45,000, which assumes resolution to the ongoing strain in the financial sector via liquidity infusion and continuing fiscal discipline.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more