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Equity Market 2019: A story of two halves Even if we compare from January 1, 2018, again there are only few stocks that have helped the market to gain such height. For example the market cap of Bajaj Finance has more than doubled and has increased by 137% since the start of year 2018. The next best is ICICI Bank with 91% rise followed by Reliance Industries that saw its share price increasing by 75%. We can count the number of such companies on our fingers; however, if we dig deep we find that most of the investors who have invested in the broader market are still struggling to post positive returns. This can be gauged from the fact that the Midcap and Smallcap indices have declined 16 per cent and 30 per cent, respectively in the same period.

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