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Jan 12, 2008

How did various Indian stock market indices performed in 2007

Returns of the four major indices of National Stock Exchange(NSE) of India in the year 2007 are are:

CNX 100 CNX 500 Midcap Nifty
56% 61% 78% 53%

While late rally in midcap stocks lead to its overall better performance, CNX500 also outsmarted Nifty50. This suggests that the appreciation of stock prices in the year 2007 was across the market and not limited to the stocks in benchmark indices like Nifty and Sensex.
The graph showing the variation within the year of the above indices:
Relative performance of the four indices is shown in the graph below:

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