What a January! One of the few in recent memory that ended up. NIFTY up a solid 11.2%, the Jr. NIFTY up 17% and Banks outperformed coming in at 25%
Major drivers were Greece, stabilizing inflation and RBI’s CRR cut. RelCap got a boost with Nippon Live pumping in close to Rs. 1,500 crores, SUZLON announced Rs. 2,000 crores in orders and the market seems to have shrugged off India Bulls Real Estate’s Q3 net being down 45%
The biggest winners were:
| SYMBOL | Change % |
| IVRCLINFRA | 77% |
| NCC | 68% |
| LITL | 58% |
| RELINFRA | 56% |
| ANANTRAJ | 53% |
| SUZLON | 53% |
| RELCAPITAL | 53% |
| IBREALEST | 51% |
And the few losers of note were:
| SYMBOL | Change % |
| GLAXO | -1% |
| COREEDUTEC | -1% |
| M&M | -2% |
| TCS | -2% |
| HEROMOTOCO | -3% |
| GAIL | -3% |
| BIOCON | -4% |
| DABUR | -5% |
| HINDUNILVR | -7% |
Good luck for February!