Source: BSE * Closing price as of 288h December, 2012

 

2012 was a year of frenzied activity in the Indian share markets. Despite the investors' cautious stance given the political hassles and overall economic gloom, the Sensex rose by nearly 25% from January to December 2012 (3rd January 2012 to 28th December 2012). Nearly every sector performed well except for the Indian IT sector. The sector was at the receiving end given the depressed activity in the global arena particularly in the developed world. Since the sector derives most of its fortunes from the developed world the crisis in US and Europe affected it the most. The clear winner this year was the banks with the banking index going up by nearly 56% during the period.