The Nifty 50 has risen a spectacular 31.43 per cent in the last one year, driven by strong fundamentals and robust investors' confidence, showed a report Tuesday. It gained 7.5 per cent in the last three months and stood at 15.6 per cent for the last six months, said a report by Motilal Oswal (NS:MOFS) Asset Management.
The report stated that the Nifty Midcap 150 grew 7.1 per cent in the last three months, 25.59 per cent over the last six months, and as high as 47.36 a year ago.
The Nifty Smallcap 250, according to the report, rose 7.6 per cent in the last three months, 28.47 per cent in the past six months, and as high as 50.53 over the last one year.
The Nifty Next 50 index has seen an increase of 7.79 per cent over the past three months, 27.17 per cent in the last six months, and 71.18 per cent in the last year, according to the report.
Similarly, the Nifty Microcap 250 index also increased by 11.63 per cent in the past 3 months, 35.64 per cent in the last 6 months, and 58.79 percent in the last year, the report added.
Nifty 500 has risen 7.47 per cent in the last three months, 19.70 per cent in the last six months, and 40.21 per cent in the last year.
According to the report, gains in Nifty 500 came mostly from financial services, consumer discretionary, and commodities while the least contribution was of information technology.
All broad-based indices ended positive and have given positive returns in September. Metal, FMCGs and consumer durables sector delivered 8.4 per cent, 3.9 percent, and 5.7 percent respectively while information technology turned out to be the worst performing sector, with negative returns of 1.97 per cent.
The realty sector has successfully produced 4.33 per cent positive returns in contrast to past negatives, remarkably outperforming all the sectors with a gross growth of 90.91 percent over the last year.
Auto and banking sector have similarly delivered at 3.26 per cent and 3.17 percent, respectively. Healthcare and energy delivering positive returns at 1.69 per cent and 0.59 percent for September.
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