28% return in one year, earning of Rs 133 lakh crore, such money rained in the stock market

Ronit Kawale
Ronit Kawale - Senior Editor
3 Min Read

Stock Market Return in FY24: Money creates money provided it is invested in the right place. Most people consider investment in gold and property as an asset class that gives safe and stable returns. In the last few years, good money has been made from gold and property. But, do you know where the maximum income was earned by investing money in the financial year 2023-2024. This asset class gave investors more than 28 percent returns in the last one year. Not only this, investors earned Rs 133 lakh crore.

WhatsApp Group Join Now
Telegram Group Join Now

Indian stock market remained ahead of gold, silver and crude in terms of giving returns in FY24. Where gold and silver gave returns of 12 and 3 percent in a year. At the same time, Nifty and Sensex have given returns of 28.61 and 24.85 percent. The financial year 2023-2024 ended in the stock market with the monthly expiry on March 28. Let us tell you which shares gave the highest returns during this period.

Also read- Is there any benefit in buying gold now, it increased by ₹ 11,000 in the last 6 months, where will it go in the next 6, experts told.

Stocks giving highest returns in FY 2023-24
According to the ET report, every one in five Nifty 500 stocks doubled shareholders' money in the financial year 2023-24. These include stocks from smallcap and midcap sectors. Apart from this, the leading stocks of Nifty 50 also doubled people's money. Among the stocks with better returns in Nifty50…

  • Tata Motors – 135.9%
  • Bajaj Auto – 135.5%
  • Adani Ports – 112.4%
  • Coal India – 103.2%
  • Hero MotoCorp – 101.2%

Nifty 500 earning shares

  • Jai Balaji Industry- 1944.58%
  • Signature Global – 749.5%
  • BSE – 483.8%
  • Inox Wind – 458%
  • IRFC – 435.2%
  • Nifty50 loser shares
  • Hindustan Unilever – -11%
  • HDFC Bank- -10%
  • Shree Cement- -1.9%

Highest earning sector

  • Realty Index – 129%
  • Power- 85.9%
  • Capital Goods- 77.3%
  • Auto- 74%
  • Energy- 60.9%
  • Healthcare- 60.2%
  • Oil & Gas- 59%

    (Disclaimer: The information given here is for information only. Since investing in stock market is subject to market risks, please consult a certified investment advisor before investing money.)

Tags: BSE Sensex, Investment and return, Nifty50, Sensex, Stock market today

PressNews24 provides latest news, bollywood news, breaking news hollywood, top tech news, business standard news, indian economy news, world economy news, travel news, mumbai news, latest news mumbai loksabha election 2024, video viral news, delhi news, Only at PressNews24.in

Leave a comment