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Sensex hits record high: Top 5 gainers since 2008

  1. Sun Pharma: The drug maker has jumped 444 per cent in the past six years. Pharma companies are a defensive play and because they have such a strong presence in the US generic market, they also gain from rupee weakness.
  2. Tata Consultancy Services: Shares in the country's biggest outsourcer are up 325 per cent since January 2008. The stock has seen a sharp run-up in the last few months because of the sharp fall in the rupee.
  3. Dr Reddy's Lab: India's biggest drug maker by market capitalization has gained 260 per cent in the six years since January 2008.
  4. Hero MotoCorp: India's biggest two-wheeler manufacturer might be facing some pressure after parting with Honda, but shares in the company have not disappointed investors. The stock is up 200 per cent since January 2008.
  5. ITC: India's biggest cigarette maker has seen 190 per cent gains over the last six years. The stock is a part of most portfolios as it is considered to be defensive in nature.