New Delhi, November 8 (IANS). Nifty Midcap 150 and Nifty 50 emerged as the top performers across all market segments in October this year with gains of 4.79 per cent and 4.51 per cent respectively. This information was given in a report on Saturday.
Motilal Oswal Mutual Fund report shows that with Nifty 500 rising by 4.29 per cent and Nifty Next 50 rising by 2.92 per cent, all market cap segments including large, mid, small and microcaps have registered positive growth.
At the same time, in October this year, Nifty Microcap 250 registered a growth of 3.93 percent and Nifty Smallcap 250 registered a growth of 3.72 percent.
On the sectoral front, realty led the way with a growth of 9.2 per cent due to sustained demand for homes, the release said. Whereas all sectors registered positive growth.
According to the fund house, midcap benchmark Nifty Midcap 150 has registered a growth of 3.21 percent in 3 months, 10.93 percent in 6 months and 5.60 percent in the last one year.
At the same time, large cap benchmark Nifty 50 has registered a growth of 3.85 percent in 3 months, 5.70 percent in 6 months and 6.27 percent in the last one year.
Apart from this, Nifty 500 has registered a growth of 3.47 percent in 3 months, 7.63 percent in 6 months and 4.50 percent in the last one year.
The release said the IT index grew by 6.11 per cent but declined by 11 per cent year-on-year. Banking shares registered strength. The bank index rose by 5.75 percent in October. Apart from this, the index has registered a growth of 3.24 percent in 3 months, 4.88 percent in 6 months and 12.24 percent in the last one year.
The defense sector maintained its strong long-term growth with a rise of 3.63 percent in October. The sector has registered a growth of 4.61 percent in 3 months, 14.12 percent in 6 months and 28.17 percent in the last one year.
The fund house says that there has been a rapid decline in inflation, which has been supported by the current policy approach of the central bank RBI. At the same time, GST collections also remain strong, reflecting strong domestic activities.
–IANS
SKT/