India 2018: Best Stocks To Buy In
: The Indian Rupee hit record lows (near 74.48 per USD) alongside surging crude oil prices, which weighed heavily on trade sentiments.
: The standout leader of the year, gaining approximately 51% as it solidified its dominance in the NBFC space. best stocks to buy in india 2018
The Indian stock market in 2018 was characterized by high volatility, influenced by the re-introduction of and the IL&FS liquidity crisis . Despite these headwinds, the benchmark Nifty 50 delivered a return of approximately 3% to 9% for the year, with Information Technology (IT) and FMCG emerging as the star defensive performers. Market Superheroes: Top Large-Cap Performers : The Indian Rupee hit record lows (near 74
: A top IT performer with a rise of over 40% , benefiting from a weakening rupee and strong global digital demand. Despite these headwinds, the benchmark Nifty 50 delivered
: Led the FMCG sector with gains of nearly 49% , serving as a classic defensive play during market turbulence.
: Half of the top 15 performing stocks in the BSE 500 were from the IT space, including L&T Technology Services (up 37%) and Mindtree (up 30%).