Indian markets: best stocks & sectors of 2012

Fri Dec 28, 2012 6:39pm IST

New cars awaiting despatch at Tata Motor's plant in Pune, 180 km (112 miles) south of Bombay September 14, 2004. REUTERS/Punit Paranjpe/Files

New cars awaiting despatch at Tata Motor's plant in Pune, 180 km (112 miles) south of Bombay September 14, 2004.

Credit: Reuters/Punit Paranjpe/Files

Related Topics

Stocks

   

Reuters Market Eye - Tata Motors Ltd (TAMO.BO) is the best performer among Sensex stocks in 2012, helped by hopes for a turnaround in the performance of luxury unit Jaguar Land Rover.

Infosys Ltd (INFY.BO) earns the worst performer status among blue chips, given the persistent concerns about global demand for software services. GAIL, down over 9 percent and Bharti Airtel, down 7 percent, are among other losers.

Among other gainers, ICICI, L&T and Maruti shares surged more than 60 percent, while HDFC Bank and Sun Pharma rose more than 50 percent. (For graphic, click link.reuters.com/gar84t)

Lenders were the top performers among sectors, with the BSE banking index up nearly 57 percent. Real estate and fast-moving consumer goods (FMCG) were the next best sectoral performers.

(Special Coverage: Year in Review, click here)

The RBI has held interest rates steady after a 50 basis points rate cut in April, but eased the cash reserve ratio by 175 basis points in 2012, helping banks improve margins.

The RBI is also expected to cut the repo rate more aggressively next year.

(Reporting by Subhadip Sircar)

FILED UNDER:

REUTERS SHOWCASE

Oil Prices Fall

Oil Prices Fall

Brent near four-year low after OPEC decides against output cut  Full Article 

Banking Sector

Banking Sector

India says considering plan to reduce stake to 52 pct in state banks   Full Article 

Islamic Fund

Islamic Fund

India gets new Islamic equity fund but debt market still off-limits  Full Article 

Fiscal Deficit

Fiscal Deficit

April-October fiscal deficit nears 90 pct of full-year target  Full Article 

SAARC Summit

SAARC Summit

Summit salvaged after handshake by leaders of India, Pakistan  Full Article 

Social Media

Social Media

Twitter to start tracking users' mobile apps  Full Article 

Forever21 in India

Forever21 in India

Forever21 sets sights on Indian cities, but please hold the hot pants  Full Article 

Japan Economy

Japan Economy

Japan inflation slows in October, output and spending show signs of recovery  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage