Sensex, Nifty set to end year on a high: Winners and losers in 2023

Indian equities poised for record year-end winning streak as benchmark Sensex Index heads for eighth year of gains. Global funds buying local shares signal preference for India amid China's economic slowdown. Real estate stocks rally to highest level since 2008 due to strong pent-up demand, low unsold inventory, and interest-rate pause. Engineering firms Larsen & Toubro Ltd and UltraTech Cement Ltd among top performers as infrastructure projects gain focus. State-owned firms see best year since 2009 with increased government spending.