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8 Stocks That Rallied Most YTD As Sensex Reclaims Pre-Covid Levels
Even as uncertainty in the global markets around US Presidential election outcome remains, similar to Asian peers, Indian markets rallied substantially in trade on November 5, 2020 to the tune of 724 points on the Sensex and reclaimed pre-Covid levels on the 30-share pack BSE index, notching 41340 levels at the closing. Nifty too is close to clinch this achievement and is less than 1 percent away from yielding positive returns year to date.
And now that YTD returns on the Sensex have turned positive, here are the stocks that have been sure-shot winners and jumped massively in the year 2020 so far:
| Stock | YTD returns as per the LTP |
|---|---|
| Alok Industries | 647% |
| Adani Green Energy | 413% |
| Laurus Labs | 292% |
| Granules India | 203% |
| Alkyl Amines | 191% |
| Birlasoft | 162% |
| Dixon Technologies | 164% |
| Tata Communications | 143% |
Notably owing to the robust demand for IT infrastructure and medicines given the pandemic crisis, sectorally IT and pharma space surged the most YTD.
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