Today stock market closed at life time high and its very close to intra day high of sensex and Nifty.
In 2008,markets were peaked and then corrected significantly.
Though market have recovered individual sectors have performed much differently than that of market indexes and today we will compare the different indices in January 2008 and Oct 2013.
| Sector | Index as on 10 Jan 2008 | Index as on 30 Oct 2013 |
| Sensex | 20873 | 21033 |
| NIFTY | 6287 | 6251 |
| IT Index | 4244 | 8462 |
| FMCG | 2394 | 6804 |
| Capital Goods | 19,485 | 9084 |
| Health Care | 4297 | 9617 |
| BSE200 | 2724 | 2470 |
| BSE500 | 8746 | 7594 |
| BSEPSU | 10801 | 5664 |
| BANKEX | 12478 | 12838 |
| OIL & GAS | 13832 | 8809 |
| Metal Index | 18750 | 9019 |
| BSE Auto | 5413 | 12077 |
| BSE Power | 4700 | 1574 |
| CNX Midcap | 9655 | 7425 |
One can have some observations as follows:
- Mid Cap index is under performing with higher margin and chances are high that mid caps will try to cover the margin in short to medium term.Analysts believe that number of good stocks are undervalued and will offer good value in future.
- Power ,Infrastructure,Capital Goods index have sharply under performed than market indices.
- Defensive sectors like Pharma,FMCG ,healthcare are the limited sectors which have out performed in last 05 years.
- Banking sector have performed in line with the market indices.
