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8 Stocks That Rallied Most YTD As Sensex Reclaims Pre-Covid Levels

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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.

8 Stocks That Rallied Most YTD As Sensex Reclaims Pre-Covid Levels
 

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.

GoodReturns.in

Read more about: stock markets
Story first published: Thursday, November 5, 2020, 21:08 [IST]
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