From SAIL to Jindal Steel — Stock market data shows how three stocks have delivered whopping returns in December over the last 10 years. Experts believe that the markets are expected to note a gradual rise in the upcoming month based on the seasonal benefits and RBI's policy decision.

SAIL to Jindal Steel: These three stocks have delivered whopping returns in December over last 10 years

Stock Market Today: Indices End Flat as Investors Await Q2 GDP Data Release

Nifty 50 Index Closes 0.05% Lower, BSE Sensex Index Ends 0.02% Lower

The benchmark Indian stock market indices ended flat after Friday's stock market session as investors were cautious prior to the Q2 GDP data release amid mixed global cues. The Nifty 50 index closed 0.05% lower at 26,202.95 points, compared to 26,202.95 points at the previous market close.

The BSE Sensex index closed 0.02% lower at 85,706.67 points lower, compared to 85,720.38 points at the previous market close. Stock market investors now focus on the December market, which is usually favored by the seasonal trends.

Market Experts Expect Gradual Up-Move in Markets

"Going forward, after making a new high this week, markets are expected to maintain a gradual up-move, with investors focusing on the RBI policy meeting next week," said Siddhartha Khemka, the head of research, Wealth Management at Motilal Oswal Financial Services.

Sectoral Indices Give Average Returns

Nifty Metals: 4.3%
Nifty Realty: 3.9%
Nifty Energy: 1.2%
Nifty IT Index: 3.7%
Nifty FMCG: 1.4%
Nifty Pharma: 1.4%

Stock Returns in December Over the Last 10 Years

1. Steel Authority of India Ltd (SAIL)

SAIL share price closed 1.03% lower at ₹134.85 after Friday's stock market session, compared to ₹136.25 at the previous market close.

According to the market data, the SAIL has given stock market investors an average return of 12.1% in the month of December over the last 10 years. The company's shares have risen more than 145% in the last five years and over 13% in the last one-year period.

2. Jindal Steel Ltd (JINDALSTEL)

Jindal Steel share price closed 0.39% higher at ₹1,044.50 after Friday's stock market session, compared to ₹1,040.40 at the previous market close.

Shares of Jindal Steel have given stock market investors an average return of 7.6% in the month of December over the last 10 years. The company's stock has risen more than 292% in the last five years and over 14% in the last one-year period.

3. Dixon Technologies (India) Ltd (DIXON)

Dixon Tech shares closed 0.28% lower at ₹14,599.60 after Friday's stock market session, compared to ₹14,640.15 at the previous market close.

Dixon Tech shares have given stock market investors an average return of around 10.1% in the month of December over the last 10 years. The company's shares have gained more than 542% over the last five years.

Disclaimer

This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.