The Reliance pack made many investors happy this year! A stock like RNRL gave a whopping 660% returns over the year, reports CNBC-TV18. Reliance Capital gave 326% returns, while Reliance Energy gained 311% over the year. Reliance Infra shot up 291% in 2007. Reliance Petroleum gave 249% and Adlabs, 236% returns over the year. Reliance Industries gained 128% and Reliance Communications, 55% over 2007.
It was record gains for the market in 2007. For the Sensex it was 47%, Nifty 53%, BSE Smallcaps 93%, CNX Midcaps 75%, BSE Metal Index 121%, BSE Capital Goods 116%, BSE Oil&Gas 114%, BSE Consumer Durables 85%, BSE PSU 70%, BSE Bankex 61%, BSE FMCG 18%, BSE Healthcare 14% and BSE Auto 1% and BSE IT was down 14%.
2007 was certainly a year that set many records! The year saw the highest number of 1000-pt marks in a single year ever, reports CNBC-TV18. Also, the Sensex crossed six 1000-point milestones versus five in 2005. The year also saw the minimum number of days taken to cover 1000 points by the Sensex. In fact, the BSE 30-share index covered a 1000-point milestone in just five trading sessions. The market also saw record FII flows in a single month ($5.85 billion in July) and also in a single year (over 17 billion).
End the year with a BIG Smile on your face and welcome 2008 with a BIG Guffaw!!!!! Ha ha ha, may the laughter roll on!!
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