Dalal Street Scorecard 2016

The year began on a negative note bogged down by the slowing global economy, an ever-growing concern raised by investors globally on China's growth story, also with an eye on US Presidential elections and domestic revival of economy followed by ear end demonetisation drive, all of which played a key role in determining the market returns in 2016.

Indian economy’s health barometer BSE Sensex delivered a YTD (year-to-date) return of close to 1.7 per cent. Markets after touching a low in February 2016, saw a big rally, which was led by both cheaper and attractive valuations and also there was euphoria surrounding the easy liquidity world over, with central bankers loosening their grip.

However, markets came in for a rude shock post US Presidential elections and the currency demonetisation move by the Indian government, which applied breaks on the market rally and ultimately pulled the ground from beneath the investors feet, in the last two months of the year.

Below are the returns delivered by indices:

BSE Sensex- 1.75 %

BSE MidCap- 8.85 %

BSE SmallCap- 1.5 %

2016 Winners:

BSE Metals- 35.60 %

BSE Oil & Gas- 26.5 %

BSE PSU- 12.05 %

BSE Auto- 8.22 %

BSE Bankex- 6.85 %

2016 Losers:

BSE Telecom- (22.5 %)

BSE Healthcare- (18.85 %)

BSE IT- (11.67 %)

BSE Realty- (7.65 %)

BSE FMCG- (2.68%)

BSE Power- (0.75 %)