Market Wrap 2023 | The Best And The Worst Of 2023 | NDTV Profit - video Dailymotion

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#MarketWrap2023 | #Nifty and #Sensex end the year 20% higher. Hemansh Kanwal and Mihika Barve sum up the best and the worst of the markets this year. #NDTVProfitMarkets Read: https://bit.ly/3NJJ8MA

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00:00 The last trading session of 2023 has come to an end and what a great year it's been

00:05 with the benchmark posting almost 20% returns this year, Himansh.

00:09 That's right, Mehika.

00:10 We've been jumping from strength to strength and with benchmarks nearing 20%, we are seeing

00:15 that Nifty has logged its eighth consecutive year of positive returns.

00:19 And in terms of overall performance in the past 10 years, this is the fourth best year

00:23 that we have seen.

00:25 If one goes to see the chart, you'll see that it's been a choppy ride, but ever since calendar

00:29 year 2015, it's been on the up and up.

00:33 And what really stood out to me this time, Mehika, was the fact that mid-caps and small-caps

00:38 were the dominant forces in markets this time, which made the dream run more durable.

00:43 Mid-cap 100 was up 46%, 93 stocks from the 100 pack were in the positive, and in terms

00:50 of momentum, mid-cap 100 saw its best ever year.

00:53 25 consecutive sessions of positive returns, that's just unheard of.

00:57 With small-caps, you'll go to see 86 stocks from the small-cap 100 ended in the positive.

01:03 Small-caps also recorded their best gaining streak this year, 14 sessions in a row, and

01:08 this was again, led to small-caps closing 55% higher this year.

01:13 Let's just take a look at who were really the gainers and losers in this basket.

01:17 Top mid-cap gainers were the likes of REC and PFC.

01:21 The push towards power and financing power was a big theme playing out this year.

01:25 Mazgon Docks, another one, defence indigenisation really helped these players capitalise on

01:32 the growth story this year.

01:33 In terms of mid-cap losers, you have the likes of Gujarat Gas, Crompton Greaves, ACC and Aditya

01:39 Birla that were closing in the red significantly this year.

01:43 Let's go towards the small-cap ones.

01:45 You have the top small-cap gainers with the likes of BSE, up four times this calendar

01:50 year, and this was the best calendar year BSE has ever reported.

01:54 Suzlon, again, the theme for renewable energy really played in its favour.

02:00 The stock is up 3.6 times on year.

02:02 Apar Industries, Zensar Technologies and NLC India, again, amongst the top gainers.

02:07 In terms of small-cap laggards, you have the likes of Ease My Trip and Campus Activewear

02:12 to mention a few.

02:13 And what's interesting really here is that Ease My Trip, which had a record subscription

02:17 of 159 times, still made a muted debut but closed 25% lower.

02:24 Well, but what's there in store in terms of the sectoral performance this year?

02:28 Yes, well, all the major Nifty sectoral indexes did end on a positive note this year.

02:33 And let's talk about the Indian housing market.

02:35 I mean, it propelled the Nifty Realty to be the top sectoral performer this year, up over

02:40 81% and the real estate up-cycle really helped.

02:44 And the top gainers were Prestige Estate, DLF and Brigade Enterprises, where Prestige

02:48 Estate saw gains of over 150%.

02:51 Then we have the Nifty Auto, which was the second top-performing sectoral index, up 47%.

02:57 And there were a mix of factors that paved the performance.

02:59 It was price hikes, we had steady demand and lower input costs.

03:04 And the top gainers were Tata Motors and Bajaj Autos, where Tata Motors was the first Nifty

03:09 50 stock to double in 2023.

03:11 Then we also had the Nifty Pharma, which recovered its 2022 downtrend and was up about 32%.

03:18 And the gains were led by Aurobindo Pharma and Glenmark Pharmaceuticals.

03:21 Moving on to the sectoral laggards, we had the Nifty Bank, which was the top under-performer

03:27 of the year and it saw an 11% uptick.

03:29 And the top laggards were Bandhan Bank and Kotak Bank.

03:32 And then we had the Nifty Oil and Gas, which also saw a 12% uptick.

03:36 And the sector did see some volatility due to the geopolitical tensions.

03:40 And the top laggards were Adani Total Gas and Gujarat Gas that did close lower.

03:45 And then we had the Nifty Financial Services.

03:47 It was also up 12%.

03:48 But surprising given the RBI's tight grip this year and SBI cards and payments was the

03:53 only constituent to end lower in the red.

03:56 Well, Mihika, it's still remarkable that all the sectors managed to close in the positive.

04:02 11 to 12% gains, really not much to complain about.

04:05 But let's move on to the large caps that have been overshadowed by the small and mid caps.

04:11 But in terms of the Nifty 50, Tata Motors today itself saw itself doubling on year,

04:16 posting over 100% returns.

04:18 You had the likes of NTPC, 87% returns on year, Bajaj Auto.

04:22 And you're really seeing the sectoral themes play out and mirror in terms of the Nifty

04:26 50 top gainers performance.

04:28 L&T as well as was one of the top gainers on the Nifty 50.

04:33 Let's take a look at the top laggards on Nifty 50.

04:36 And you have the likes of UPL down nearly 18% on year and Adani Enterprises down nearly

04:42 27% on year.

04:43 And these two are the only ones on the Nifty 50 that closed in the red.

04:47 It was a tough year for chemical space on account of Chinese dumping and destocking

04:51 that was taking place.

04:52 As for Adani Enterprises, after falling significantly in early part of this year, it did see a recovery

04:58 of nearly 140% from its lows.

05:00 So that's really what's been happening in markets this year.

05:04 It's going to be interesting to see if the next year sees the baton passed from mid caps

05:08 and small caps to the large caps.

05:10 And let's see how the leadership plays out.

05:11 [MUSIC]

Market Wrap 2023 | The Best And The Worst Of 2023 | NDTV Profit

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