Mega stocks such as HDFC Bank, Reliance Industries, ICICI Bank, Infosys, TCS, Axis Bank and Kotak Mahindra Bank, which collectively account for 48% of the total Nifty 50 weightage, have given return of 9.58% in 2023 compared with the Nifty 50’s return of 20%.
We identified 12 stocks that gained on all five days, delivering cumulative returns ranging from 10% to 30% during the period.
India’s largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of managing director
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