Amajority of retail investors have made big profits on the stock market in 2021 as positive momentum continues to dominate Dalal Street. From smallcaps to madcaps and even largecaps, investments in all segments seem to have favoured investors this year.

Experts expect the strong stock market momentum to continue as India’s economic recovery picks up pace ahead of the festive season. Other factors like the low-interest regime and quicker pace of vaccinations have also kept the stock market momentum high.

While some stocks on benchmark indices S&P BSE Sensex and NSE Nifty 50 have offered healthy returns to the tune of 20 per cent to 30 per cent return, the broader markets like BSE 500 and BSE Midcap have performed better, with some stocks yielding returns as high as 180 per cent to 400 per cent.

After getting listed in September 2020, shares of Happiest Minds Technologies has kept gaining and rewarded many of its initial investors with massive returns. The stock has delivered over 300 per cent return on a year-to-date (YTD) basis. The stock was trading at Rs 339.55 on January 1, 2021 on the BSE and is now trading over Rs 1,400.

Another stock that turned into a multibagger this year is Balaji Amines, which has jumped nearly 400 per cent on a year-to-date (YTD) basis. It was valued at Rs 937.95 on the BSE on September January 1, 2021 and the stock’s value today has gone up to Rs 4,579, up 387.54 per cent YTD.

Tata Elxsi Limited is another stock that has rewarded shareholders spectacularly over the past year. The stock has jumped over 200 per cent on a year-to-date basis. It was trading at over Rs 5,730 at around 3 pm, compared to Rs 1,867.95 on January 1, 2021.

Then there are the likes of HFCL, Deepak Nitrite and Deepak Fertilisers, which have been in high demand among retail investors. They have yielded returns to the tune of 140 per cent to 180 per cent on the YTD basis.

HFCL stock was trading at over Rs 70 today, up over 177 per cent compared to its price at the beginning of the year. Meanwhile, Deepak Nitrite was up 147 per cent and Deepak Fertilisers is up nearly 162 per cent.