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Best stocks of 2012: Tata Motors top blue-chip gainer

28 December, 2012

Tata Motors Ltd is the best performer among Sensex stocks in 2012, helped by hopes for a turnaround in the performance of luxury unit Jaguar Land Rover.

Infosys Ltd  earns the worst performer status among blue chips, given the persistent concerns about global demand for software services.

Among other stocks, ICICI, L&T and Maruti shares gained more than 60 percent, while HDFC Bank and Sun Pharma rose more than 50 per cent.

Lenders were the top performers among sectors, with the BSE banking index up nearly 57 per cent. Real estate and fast-moving consumer goods (FMCG) were the next best sectoral performers.

The RBI has held interest rates steady after a 50 basis points rate cut in April, but eased the cash reserve ratio by 175 basis points in 2012, helping banks improve margins.

The RBI is also expected to cut the repo rate more aggressively next year.

                                                     


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Best stocks of 2012: Tata Motors top blue-chip gainer

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