Financials, RIL, ITC among top Nifty contributors in 1 year
Of the Nifty’s 1,509 point or 8.84% rally from a year ago, ICICI has topped with a 317-point contribution, followed by ITC (314 points), RIL (281), Adani Enterprises (153), Axis Bank (139.5) and SBI (114 points).
MUMBAI/DELHI : ICICI Bank, ITC, Reliance Industries, Adani Enterprises, Axis Bank, and State Bank of India (SBI) are the stocks that have fuelled Nifty’s rally to a high, with the banking sector expected to continue its outperformance even as market experts remained divided over the revival of the IT sector amid global headwinds. Earnings growth will determine the market’s course, the experts said.
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