2011 : The Year that was for Indian Stock Market
As we stand at the end of 2011, we look back to see how the year panned out. Several important events took place that have affected us. One of the most important was how the stock markets fared during the year. Political hassles, global crisis and increased monetary tightening led markets to move like a drunkard for most part of the year. As a result, markets ended the year down by 25%. A performance that failed to enthuse investors both at home as well as abroad. On a sector wise basis, the sector that emerged as a clear winner was the FMCG sector . Even though inflation rates hurt the margins of the companies in the sector; nevertheless the consumption story remained intact. The sector was the only sector to deliver positive returns during the year. Even though sectors like pharma and technology outperformed the BSE-Sensex, nevertheless they still delivered negative returns overall. The biggest loser for the year was the infamous realty sector...