Sensex 2014 with best annual gain |
The Sensex in December ended at 27,499.42 on back of infrastructure,power and realty shares, helping the BSE benchmark end 2014 calendaryear with the best annual gain in 5 years. The year saw the Sensexzooming to an all-time high of 28,822.37 on November 28. Foreigninvestors have infused over $16 billion into equities this year.Buoyancy in markets was on account of government`s thrust on reforms front. The BSE index ended the year with a whopping rise of 6,328.74 points or about 30 per cent. This is the highest annual gain since2009 when it had rallied by 7,817 points. The broad-based NationalStock Exchange index Nifty on December 24 rose by 34.45 points, or0.42 per cent, to end at 8,282.70. The Nifty climbed 1,978.70 points,or 31.38 per cent, also its biggest gain since 2009. The marketremained the hot investment option. And this growth is expected to continue as cyclical, rate-sensitive and investment-oriented stocks find flavor with investors.
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