The 50-share NSE index this year has surged 10 percent to date and touched its lifetime high on Tuesday by crossing 12,100 mark. The index received a big boost from stocks that contributed 60 percent gains since August -- Reliance Industries, HDFC Bank, ICICI Bank, and HDFC.

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NSE

During the day, Sensex hit its day's high at 41,120.28 while Nifty50 touched 12,132.45 level.

And, in all this while, one sector that surged the most is Nifty Financial Services. The finance index this year saw a 22 percent rise followed by Nifty Realty that rose 19 percent.

Nifty indices

Infogram

Bajaj Finserv, ICICI Bank, Kotak Mahindra Bank, Axis Bank, and HDFC Bank jumped up to 42 percent gains this year. Out of these stocks, in the last 10 years, Bajaj Finserv is the only scrip from the index that has delivered nearly a whopping 2,825 percent returns.

Meanwhile, realty stocks like Godrej properties, DLF and Oberoi Realty were the only ones that were in the green for YTD gains. Remaining six realty stocks from the index lost up to 86 percent gains.

Prabhudas Lilladher in its report said that it remained selective in NBFCs and HFCs. However, it prefers HDFC and Cholamandalam in vehicle finance and Bajaj Finance from consumer business. Meanwhile, CLSA placed its bet on HDFC and HDFC Bank.

First Published:Nov 26, 2019 12:46 PM IST