Date Nifty 50 HDFC BANK Return Market return

12/31/2013 6089.5 601.884277

1/31/2014 6276.950195 641.243774 6.3344% 3.078%
2/28/2014 6704.200195 717.089783 11.1791% 6.807%
3/31/2014 6696.399902 690.754333 -3.7417% -0.116% HPR 2.977342
4/30/2014 7229.950195 759.178589 9.4453% 7.968% GM 1322.786
5/31/2014 7611.350098 786.758911 3.5685% 5.275% AM 1419.668
6/30/2014 7721.299805 805.437256 2.3463% 1.445%
7/31/2014 7954.350098 814.660156 1.1386% 3.018% Covariance 0.001482
8/31/2014 7964.799805 842.763611 3.3915% 0.131% Variance market 0.001488
9/30/2014 8322.200195 880.620972 4.3941% 4.487% SD 0.038574
10/31/2014 8588.25 924.36969 4.8485% 3.197% Beta 0.996157
11/30/2014 8282.700195 919.009644 -0.5815% -3.558%
12/31/2014 8808.900391 1040.453003 12.4115% 6.353%
1/31/2015 8844.599609 1017.90271 -2.1912% 0.405%
2/28/2015 8491 987.674683 -3.0146% -3.998%
3/31/2015 8181.5 954.935669 -3.3709% -3.645%
4/30/2015 8433.650391 1014.570984 6.0577% 3.082%
5/31/2015 8368.5 1030.602417 1.5678% -0.773%
6/30/2015 8532.849609 1073.578369 4.0854% 1.964%
7/31/2015 7948.950195 999.720093 -7.1277% -6.843%
8/31/2015 7948.899902 1039.954224 3.9457% -0.001%
9/30/2015 8065.799805 1069.922729 2.8410% 1.471%
10/31/2015 7935.25 1048.662598 -2.0071% -1.619%
11/30/2015 7946.350098 1052.943848 0.4074% 0.140%
12/31/2015 7563.549805 1021.515564 -3.0303% -4.817%
1/31/2016 6987.049805 945.620728 -7.7201% -7.622%
2/29/2016 7738.399902 1042.240723 9.7287% 10.753%
3/31/2016 7849.799805 1101.789063 5.5562% 1.440%
4/30/2016 8160.100098 1150.001709 4.2828% 3.953%
5/31/2016 8287.75 1144.698853 -0.4622% 1.564%
6/30/2016 8638.5 1222.518677 6.5772% 4.232%
7/31/2016 8786.200195 1266.663452 3.5473% 1.710%
8/31/2016 8611.150391 1248.662231 -1.4313% -1.992%
9/30/2016 8638 1235.124512 -1.0901% 0.312%
10/31/2016 8224.5 1176.804077 -4.8369% -4.787%
11/30/2016 8185.799805 1161.942017 -1.2710% -0.471%
12/31/2016 8561.299805 1262.200073 8.2764% 4.587%
1/31/2017 8879.599609 1363.684204 7.7334% 3.718%
2/28/2017 9173.75 1415.137451 3.7037% 3.313%
3/31/2017 9304.049805 1517.112183 6.9582% 1.420%
4/30/2017 9621.25 1605.107422 5.6382% 3.409%
5/31/2017 9520.900391 1620.656372 0.9641% -1.043%
6/30/2017 10077.09961 1762.122925 8.3688% 5.842%
7/31/2017 9917.900391 1754.271973 -0.4465% -1.580%
8/31/2017 9788.599609 1783.15686 1.6331% -1.304%
9/30/2017 10335.29981 1785.921997 0.1549% 5.585%
10/31/2017 10226.54981 1830.557617 2.4686% -1.052%
11/30/2017 10530.7002 1849.024292 1.0037% 2.974%
12/31/2017 11027.7002 1980.660034 6.8772% 4.720%
1/31/2018 10492.84961 1860.67688 -6.2490% -4.850%
2/28/2018 10113.7002 1862.553101 0.1008% -3.613%
3/31/2018 10739.34961 1920.026611 3.0391% 6.186%
4/30/2018 10736.15039 2112.740234 9.5647% -0.030%
5/31/2018 10714.29981 2095.426025 -0.8229% -0.204%
6/30/2018 11356.5 2166.037109 3.3142% 5.994%
7/31/2018 11680.5 2048.468018 -5.5807% 2.853%
8/31/2018 10930.4502 1993.658691 -2.7121% -6.421%
9/30/2018 10386.59961 1899.941162 -4.8149% -4.976%
10/31/2018 10876.75 2115.30249 10.7375% 4.719%
11/30/2018 10862.54981 2108.594238 -0.3176% -0.131%
12/31/2018 10830.9502 2067.102051 -1.9874% -0.291%
1/31/2019 10792.5 2064.717041 -0.1154% -0.355%
2/28/2019 11623.90039 2304.575928 10.9903% 7.704%
3/31/2019 11748.15039 2303.13501 -0.0625% 1.069%
4/30/2019 11922.79981 2410.368652 4.5508% 1.487%
5/31/2019 11788.84961 2428.655029 0.7558% -1.123%
6/30/2019 11552.5 2393.899902 -1.4414% -2.005%
Date Nifty 50 Reliance Retrun Market return
12/31/2013 6089.5 382.467651
1/31/2014 6276.95 368.110413 -3.826% 3.078%
2/28/2014 6704.2 428.300262 15.144% 6.807%
3/31/2014 6696.4 430.624084 0.541% -0.116% HPR 2.347996
4/30/2014 7229.95 489.939606 12.905% 7.968% GM 655.4457
5/31/2014 7611.35 475.835938 -2.921% 5.275% AM 716.9485
6/30/2014 7721.3 471.641815 -0.885% 1.445%
7/31/2014 7954.35 468.01001 -0.773% 3.018% Covariance 0.000432
8/31/2014 7964.8 443.173187 -5.453% 0.131% Variance m0.001488
9/30/2014 8322.2 468.876984 5.638% 4.487% SD 0.038574
10/31/2014 8588.25 464.68277 -0.899% 3.197% Beta 0.290521
11/30/2014 8282.7 417.610016 -10.681% -3.558%
12/31/2014 8808.9 428.903717 2.668% 6.353%
1/31/2015 8844.6 400.927155 -6.745% 0.405%
2/28/2015 8491 387.079468 -3.515% -3.998%
3/31/2015 8181.5 404.11377 4.307% -3.645%
4/30/2015 8433.65 410.979034 1.685% 3.082%
5/31/2015 8368.5 479.683777 15.458% -0.773%
6/30/2015 8532.85 480.523163 0.175% 1.964%
7/31/2015 7948.95 833.750977 55.106% -6.843%
8/31/2015 7948.9 413.589966 -70.106% -0.001%
9/30/2015 8065.8 454.550873 9.443% 1.471%
10/31/2015 7935.25 463.855835 2.026% -1.619%
11/30/2015 7946.35 486.638489 4.795% 0.140%
12/31/2015 7563.55 496.61496 2.029% -4.817%
1/31/2016 6987.05 463.639984 -6.871% -7.622%
2/29/2016 7738.4 501.315369 7.813% 10.753%
3/31/2016 7849.8 481.228821 -4.089% 1.440%
4/30/2016 8160.1 469.059753 -2.561% 3.953%
5/31/2016 8287.75 474.593414 1.173% 1.564%
6/30/2016 8638.5 496.997223 4.613% 4.232%
7/31/2016 8786.2 519.082642 4.348% 1.710%
8/31/2016 8611.15 530.688599 2.211% -1.992%
9/30/2016 8638 516.60968 -2.689% 0.312%
10/31/2016 8224.5 484.828125 -6.349% -4.787%
11/30/2016 8185.8 1006.040955 72.998% -0.471%
12/31/2016 8561.3 511.835114 -67.578% 4.587%
1/31/2017 8879.6 606.273926 16.933% 3.718%
2/28/2017 9173.75 646.845642 6.478% 3.313%
3/31/2017 9304.05 683.230286 5.472% 1.420%
4/30/2017 9621.25 656.541626 -3.985% 3.409%
5/31/2017 9520.9 675.786865 2.889% -1.043%
6/30/2017 10077.1 790.964478 15.738% 5.842%
7/31/2017 9917.9 792.363647 0.177% -1.580%
8/31/2017 9788.6 776.113892 -2.072% -1.304%
9/30/2017 10335.3 935.083496 18.634% 5.585%
10/31/2017 10226.55 915.901794 -2.073% -1.052%
11/30/2017 10530.7 915.404846 -0.054% 2.974%
12/31/2017 11027.7 955.408142 4.277% 4.720%
1/31/2018 10492.85 948.699524 -0.705% -4.850%
2/28/2018 10113.7 877.289917 -7.825% -3.613%
3/31/2018 10739.35 957.395874 8.738% 6.186%
4/30/2018 10736.15 915.703003 -4.452% -0.030%
5/31/2018 10714.3 966.489868 5.398% -0.204%
6/30/2018 11356.5 1186 20.467% 5.994%
7/31/2018 11680.5 1241.650024 4.585% 2.853%
8/31/2018 10930.45 1257.949951 1.304% -6.421%
9/30/2018 10386.6 1061.25 -17.004% -4.976%
10/31/2018 10876.75 1167.550049 9.546% 4.719%
11/30/2018 10862.55 1121.25 -4.046% -0.131%
12/31/2018 10830.95 1227.150024 9.025% -0.291%
1/31/2019 10792.5 1231.050049 0.317% -0.355%
2/28/2019 11623.9 1363.25 10.200% 7.704%
3/31/2019 11748.15 1392.800049 2.144% 1.069%
4/30/2019 11922.8 1330.150024 -4.602% 1.487%
5/31/2019 11788.85 1253.099976 -5.967% -1.123%
6/30/2019 11552.5 1280.5 2.163% -2.005%
Date Nifty 50 INFOSYS Retrun Market return
12/31/2013 6089.5 295.4549
1/31/2014 6276.95 305.3332 3.289% 3.078%
2/28/2014 6704.2 262.0621 -15.282% 6.807%
3/31/2014 6696.4 253.9196 -3.156% -0.116% HPR 1.459767
4/30/2014 7229.95 234.6489 -7.893% 7.968% GM 466.9321
5/31/2014 7611.35 291.4852 21.690% 5.275% AM 484.8384
6/30/2014 7721.3 301.5218 3.385% 1.445%
7/31/2014 7954.35 322.2179 6.639% 3.018% Covariance 0.000851
8/31/2014 7964.8 335.5543 4.056% 0.131% Variance m0.001488
9/30/2014 8322.2 362.7277 7.787% 4.487% SD 0.038574
10/31/2014 8588.25 415.8281 13.662% 3.197% Beta 0.57223
11/30/2014 8282.7 376.2711 -9.996% -3.558%
12/31/2014 8808.9 408.5748 8.237% 6.353%
1/31/2015 8844.6 432.2 5.621% 0.405%
2/28/2015 8491 423.1584 -2.114% -3.998%
3/31/2015 8181.5 370.4906 -13.292% -3.645%
4/30/2015 8433.65 385.9232 4.081% 3.082%
5/31/2015 8368.5 375.5363 -2.728% -0.773%
6/30/2015 8532.85 450.1445 18.121% 1.964%
7/31/2015 7948.95 457.3958 1.598% -6.843%
8/31/2015 7948.9 485.6278 5.989% -0.001%
9/30/2015 8065.8 474.5522 -2.307% 1.471%
10/31/2015 7935.25 463.1198 -2.439% -1.619%
11/30/2015 7946.35 470.5696 1.596% 0.140%
12/31/2015 7563.55 495.8988 5.243% -4.817%
1/31/2016 6987.05 461.4809 -7.193% -7.622%
2/29/2016 7738.4 518.6313 11.675% 10.753%
3/31/2016 7849.8 514.289 -0.841% 1.440%
4/30/2016 8160.1 531.5513 3.301% 3.953%
5/31/2016 8287.75 498.4104 -6.438% 1.564%
6/30/2016 8638.5 467.9096 -6.315% 4.232%
7/31/2016 8786.2 451.3518 -3.603% 1.710%
8/31/2016 8611.15 451.439 0.019% -1.992%
9/30/2016 8638 434.6415 -3.792% 0.312%
10/31/2016 8224.5 434.2939 -0.080% -4.787%
11/30/2016 8185.8 449.8974 3.530% -0.471%
12/31/2016 8561.3 413.3928 -8.462% 4.587%
1/31/2017 8879.6 450.6988 8.640% 3.718%
2/28/2017 9173.75 455.0838 0.968% 3.313%
3/31/2017 9304.05 409.0969 -10.653% 1.420%
4/30/2017 9621.25 434.9617 6.131% 3.409%
5/31/2017 9520.9 416.4868 -4.340% -1.043%
6/30/2017 10077.1 464.1795 10.842% 5.842%
7/31/2017 9917.9 419.9971 -10.002% -1.580%
8/31/2017 9788.6 413.0886 -1.659% -1.304%
9/30/2017 10335.3 423.1645 2.410% 5.585%
10/31/2017 10226.55 460.7562 8.511% -1.052%
11/30/2017 10530.7 491.8871 6.538% 2.974%
12/31/2017 11027.7 542.9616 9.879% 4.720%
1/31/2018 10492.85 553.5117 1.924% -4.850%
2/28/2018 10113.7 534.2526 -3.541% -3.613%
3/31/2018 10739.35 566.2094 5.810% 6.186%
4/30/2018 10736.15 581.4564 2.657% -0.030%
5/31/2018 10714.3 617.048 5.941% -0.204%
6/30/2018 11356.5 665.7921 7.603% 5.994%
7/31/2018 11680.5 702.8591 5.418% 2.853%
8/31/2018 10930.45 712.1259 1.310% -6.421%
9/30/2018 10386.6 669.5475 -6.165% -4.976%
10/31/2018 10876.75 658.1528 -1.717% 4.719%
11/30/2018 10862.55 649.7712 -1.282% -0.131%
12/31/2018 10830.95 739.1092 12.883% -0.291%
1/31/2019 10792.5 724.0716 -2.056% -0.355%
2/28/2019 11623.9 733.4886 1.292% 7.704%
3/31/2019 11748.15 740.8841 1.003% 1.069%
4/30/2019 11922.8 727.4736 -1.827% 1.487%
5/31/2019 11788.85 721.8037 -0.782% -1.123%
6/30/2019 11552.5 726.75 0.683% -2.005%
Date Nifty 50 Ultratech Retrun Market return
12/31/2013 6089.5 1681.709717
1/31/2014 6276.95 1808.032104 7.243% 3.078%
2/28/2014 6704.2 2149.888672 17.318% 6.807%
3/31/2014 6696.4 1992.796997 -7.588% -0.116% HPR 1.708
4/30/2014 7229.95 2341.830078 16.139% 7.968% GM 3328.862
5/31/2014 7611.35 2548.025635 8.439% 5.275% AM 3420.024
6/30/2014 7721.3 2410.250732 -5.559% 1.445%
7/31/2014 7954.35 2516.071533 4.297% 3.018% Covariance 0.002074347
8/31/2014 7964.8 2596.58374 3.150% 0.131% Variance market 0.00148792
9/30/2014 8322.2 2514.492676 -3.213% 4.487% SD 0.038573571
10/31/2014 8588.25 2451.148438 -2.551% 3.197% Beta 1.394125083
11/30/2014 8282.7 2640.392822 7.437% -3.558% 1.394
12/31/2014 8808.9 3098.506104 15.999% 6.353%
1/31/2015 8844.6 3084.149902 -0.464% 0.405%
2/28/2015 8491 2839.552734 -8.263% -3.998%
3/31/2015 8181.5 2636.495117 -7.420% -3.645%
4/30/2015 8433.65 2935.655273 10.748% 3.082%
5/31/2015 8368.5 2953.563477 0.608% -0.773%
6/30/2015 8532.85 3107.188721 5.071% 1.964%
7/31/2015 7948.95 2866.390625 -8.066% -6.843%
8/31/2015 7948.9 2645.533936 -8.018% -0.001%
9/30/2015 8065.8 2788.280029 5.255% 1.471%
10/31/2015 7935.25 2771.853516 -0.591% -1.619%
11/30/2015 7946.35 2751.567139 -0.735% 0.140%
12/31/2015 7563.55 2810.496338 2.119% -4.817%
1/31/2016 6987.05 2739.741943 -2.550% -7.622%
2/29/2016 7738.4 3195.095459 15.375% 10.753%
3/31/2016 7849.8 3128.496582 -2.106% 1.440%
4/30/2016 8160.1 3193.066406 2.043% 3.953%
5/31/2016 8287.75 3375.445313 5.555% 1.564%
6/30/2016 8638.5 3679.443604 8.623% 4.232%
7/31/2016 8786.2 3997.798584 8.298% 1.710%
8/31/2016 8611.15 3822.007568 -4.497% -1.992%
9/30/2016 8638 3952.151611 3.348% 0.312%
10/31/2016 8224.5 3575.810547 -10.007% -4.787%
11/30/2016 8185.8 3225.27002 -10.318% -0.471%
12/31/2016 8561.3 3666.112549 12.812% 4.587%
1/31/2017 8879.6 3745.598389 2.145% 3.718%
2/28/2017 9173.75 3954.185791 5.419% 3.313%
3/31/2017 9304.05 4216.359375 6.420% 1.420%
4/30/2017 9621.25 4163.021973 -1.273% 3.409%
5/31/2017 9520.9 3928.732666 -5.792% -1.043%
6/30/2017 10077.1 4025.782471 2.440% 5.842%
7/31/2017 9917.9 3979.428955 -1.158% -1.580%
8/31/2017 9788.6 3833.995361 -3.723% -1.304%
9/30/2017 10335.3 4377.979004 13.268% 5.585%
10/31/2017 10226.55 4181.762207 -4.585% -1.052%
11/30/2017 10530.7 4297.950684 2.741% 2.974%
12/31/2017 11027.7 4359.028809 1.411% 4.720%
1/31/2018 10492.85 4133.81543 -5.305% -4.850%
2/28/2018 10113.7 3929.293213 -5.074% -3.613%
3/31/2018 10739.35 4087.310547 3.943% 6.186%
4/30/2018 10736.15 3725.268555 -9.275% -0.030%
5/31/2018 10714.3 3798.582275 1.949% -0.204%
6/30/2018 11356.5 4171.81543 9.372% 5.994%
7/31/2018 11680.5 4464.05957 6.771% 2.853%
8/31/2018 10930.45 4049.571533 -9.745% -6.421%
9/30/2018 10386.6 3490.45459 -14.858% -4.976%
10/31/2018 10876.75 3989.425781 13.362% 4.719%
11/30/2018 10862.55 3980.748047 -0.218% -0.131%
12/31/2018 10830.95 3510.35376 -12.575% -0.291%
1/31/2019 10792.5 3816.718506 8.367% -0.355%
2/28/2019 11623.9 3988.12915 4.393% 7.704%
3/31/2019 11748.15 4604.998047 14.382% 1.069%
4/30/2019 11922.8 4747.932129 3.057% 1.487%
5/31/2019 11788.85 4544.204102 -4.386% -1.123%
6/30/2019 11552.5 4554.178711 0.219% -2.005%
Date Nifty 50 TATASteel Retrun Market return
12/31/2013 6089.5 295.804688
1/31/2014 6276.95 285.627472 -3.501% 3.078%
2/28/2014 6704.2 327.292084 13.616% 6.807%
3/31/2014 6696.4 332.858093 1.686% -0.116% HPR 0.558
4/30/2014 7229.95 394.710571 17.044% 7.968% GM 389.798
5/31/2014 7611.35 438.992065 10.633% 5.275% AM 412.200
6/30/2014 7721.3 459.761627 4.623% 1.445%
7/31/2014 7954.35 435.42865 -5.438% 3.018% Covariance 0.001
8/31/2014 7964.8 389.522644 -11.141% 0.131% Variance market 0.001
9/30/2014 8322.2 415.78479 6.525% 4.487% SD 0.039
10/31/2014 8588.25 401.656647 -3.457% 3.197% Beta 0.993
11/30/2014 8282.7 338.907013 -16.987% -3.558%
12/31/2014 8808.9 331.312561 -2.266% 6.353%
1/31/2015 8844.6 297.540558 -10.751% 0.405%
2/28/2015 8491 268.774841 -10.168% -3.998%
3/31/2015 8181.5 305.77182 12.897% -3.645%
4/30/2015 8433.65 278.745514 -9.254% 3.082%
5/31/2015 8368.5 258.465759 -7.554% -0.773%
6/30/2015 8532.85 209.504898 -21.002% 1.964%
7/31/2015 7948.95 197.165451 -6.070% -6.843%
8/31/2015 7948.9 185.968887 -5.846% -0.001%
9/30/2015 8065.8 215.709839 14.835% 1.471%
10/31/2015 7935.25 200.314651 -7.404% -1.619%
11/30/2015 7946.35 227.256241 12.619% 0.140%
12/31/2015 7563.55 218.421066 -3.965% -4.817%
1/31/2016 6987.05 217.89682 -0.240% -7.622%
2/29/2016 7738.4 279.652954 24.953% 10.753%
3/31/2016 7849.8 307.11969 9.369% 1.440%
4/30/2016 8160.1 292.467255 -4.888% 3.953%
5/31/2016 8287.75 281.621399 -3.779% 1.564%
6/30/2016 8638.5 310.574615 9.786% 4.232%
7/31/2016 8786.2 331.404602 6.492% 1.710%
8/31/2016 8611.15 335.12088 1.115% -1.992%
9/30/2016 8638 363.05838 8.007% 0.312%
10/31/2016 8224.5 371.654449 2.340% -4.787%
11/30/2016 8185.8 350.342957 -5.905% -0.471%
12/31/2016 8561.3 414.636414 16.849% 4.587%
1/31/2017 8879.6 432.231628 4.156% 3.718%
2/28/2017 9173.75 432.231628 0.000% 3.313%
3/31/2017 9304.05 402.279022 -7.182% 1.420%
4/30/2017 9621.25 451.931274 11.638% 3.409%
5/31/2017 9520.9 488.689484 7.820% -1.043%
6/30/2017 10077.1 507.807312 3.837% 5.842%
7/31/2017 9917.9 582.034607 13.643% -1.580%
8/31/2017 9788.6 595.261047 2.247% -1.304%
9/30/2017 10335.3 642.011902 7.561% 5.585%
10/31/2017 10226.55 633.209045 -1.381% -1.052%
11/30/2017 10530.7 668.10083 5.364% 2.974%
12/31/2017 11027.7 675.057739 1.036% 4.720%
1/31/2018 10492.85 643.03064 -4.861% -4.850%
2/28/2018 10113.7 546.757935 -16.219% -3.613%
3/31/2018 10739.35 569.641357 4.100% 6.186%
4/30/2018 10736.15 551.162354 -3.298% -0.030%
5/31/2018 10714.3 543.598389 -1.382% -0.204%
6/30/2018 11356.5 539.098328 -0.831% 5.994%
7/31/2018 11680.5 585.202148 8.206% 2.853%
8/31/2018 10930.45 566.442566 -3.258% -6.421%
9/30/2018 10386.6 539.74054 -4.829% -4.976%
10/31/2018 10876.75 516.010864 -4.496% 4.719%
11/30/2018 10862.55 507.776123 -1.609% -0.131%
12/31/2018 10830.95 464.555969 -8.896% -0.291%
1/31/2019 10792.5 487.700958 4.862% -0.355%
2/28/2019 11623.9 507.727417 4.024% 7.704%
3/31/2019 11748.15 543.005249 6.717% 1.069%
4/30/2019 11922.8 475.860443 -13.199% 1.487%
5/31/2019 11788.85 491.550293 3.244% -1.123%
6/30/2019 11552.5 460.852783 -6.449% -2.005%