Finalaya capital market_yearbook2013-1
Following a rocking year 2012, Indian markets started 2013 on buoyant note. Key benchmarks Sensex and Nifty hit their respective all-time highs and witnessed a lot of ups and downs before closing in green with gains of about 9% and 6.8% respectively. The broader indices BSE 500 and CNX 500 could not keep up the same pace and rose only by 3.25% and 3.6% respectively. Foreign Institutional Investors (FIIs) invested about $20 billion this year in Indian markets. Overall BSE market cap rose 1.5% from Rs 69,21,815.19 crore to Rs 70,22,210 crore. Mutual Fund Corpus swelled 13% from Rs 7,93,331.33 crore to Rs 8,97,285.44 crore till November 2013. On the flip side, as per RBI reference rates INR depreciated by 13% during the year with Rs 52.97 being highest and Rs 68.36 being its lowest value before closing at 61.90 against US Dollar. Bullions too have underperformed during the year with gold & silver falling by about 5% & 26% respectively.
