Year-ender 2020 | These two sectors outperformed this year, will 2021 be as good?
Experts remain positive on IT and pharma, though in the near term, other sectors that have not participated in the rally could catch up. Sunil Shankar Matkar December 15, 2020 / 01:00 PM IST
The market sank to new lows and also found new highs in 2020. The benchmark indices lost around 40 percent from the peak in January to sink to four-year low in March as the coronavirus outbreak raged. After hitting the rock bottom on March 24, the market picked up momentum and has surged 80 percent, so far, amid signs of an economic recovery and earnings growth.