Nifty 50, the most followed stock market index in India, has increased over 3 folds in just a span of 10 years. If you look back, you will find that around the same time in 2012, the Nifty 50 was trading around Rs. 5000 to Rs. 5500. While today, it is Rs. 17674.95. The increase is over 300%, and this has helped many investors make enormous profits. One prime reason for this huge increase is online investing and trading facilities, which have played an important role in attracting more investors to the markets.
The stocks that have always stayed at the top and played a crucial role in this enormous increase of the index are Tata Consultancy Services, Reliance Industries, HDFC Bank, Infosys, and ICICI Bank. Here in this article, you will find the details of these five stocks and how they performed over these ten years.
- Reliance Industries Ltd.:
The stock that has always ruled the market and is at the top of the list as per market capitalisation is Reliance Industries Ltd. Reliance Industries has multiple business segments from oil to energy, retail, consumer goods, and more. The stock has gained more than 600% in these ten years. The Reliance share price was around Rs. 350 in April 2012, and is currently trading at Rs. 2610.95.
- Tata Consultancy Services:
Tata Consultancy Services, popularly known as TCS, is the most popular information technology company in India. TCS share price hasincreased fromRs. 540 (approx.) to Rs. 3699 in a span of ten years. This IT company is the second-largest company in India by market capitalisation and one of the most reputed IT firms across the globe.
- HDFC Bank Ltd.:
HDFC Bank, as you may know, is an Indian financial organisation providing banking and financial services to customers. As per assets, it is the largest private sector bank in the country and the 10th largest bank by market capitalisation across the globe. In April 2012, HDFC bank’s share price was around Rs. 264, which is, as of April 11th, 2022, Rs. 1495.40. The price has increased around 4.6 times in these ten years.
- Infosys Ltd.:
Infosys Ltd. is the fourth largest company in the country by market capitalisation. In the last ten years, from 2012 to 2022, the price of this stock has increased from Rs. 350 to Rs. 1769.80, which is almost 4 times. The company deals in business consulting, information technology, and outsourcing services.
- ICICI Bank Ltd.:
ICICI Bank is one of the largest private sector banks in India, with more than 5000 branches and 15000 plus ATMs. This stock has gained more than 387% in the past ten years. Around April 2012, ICICI Bank share price was trading at around Rs. 156, while today, it is around Rs. 760.
The last ten years have witnessed a massive growth in the stock market, especially due to the advent of technology and the introduction of Online InvestingAppand facilities. Young people are now taking more interest in stock market investment due to the ease of online investing.