BSE 500 top performers in December 2017

BSE Sensex and Nifty50 made an all-time high of 34137.97 and 10531.50, respectively on December 27, as the year 2017 ended. Overall, the month of December was dominated by the bulls as investors’ sentiments were boosted on the back of BJP victory in Gujarat. Generally, during the last week of the year financial markets remain weak, but in 2017 markets witnessed remarkable action.

In the past one month some stocks performed exceptionally well. Out of the BSE 500 stocks, we have taken top six performing stocks that have delivered returns of more than 40 percent–

Out of these, companies of the Anil Dhirubhai Ambani Group (ADAG) namely Reliance Communications, Reliance Naval & Engineering and Reliance Power were in action as Anil Ambani's firm reportedly signed a deal with Mukesh Ambani, to sell RCom 3G spectrum and tower business to Reliance Jio. This would help the firm minimize its heavy debt.

Among the reality stocks, Unitech surged by more than 76 percent in the past one month. HEG, which makes graphite electrodes jumped up by more than 58 percent on the back of increased demand for electric arc furnaces. Similarly, Graphite India also surged by more than 42 percent in December 2017.