The stock market, a dynamic arena where wealth rises and falls, has shown stable growth over the past year. Nifty Realty, Nifty Mid-Small IT & Telecom, and Nifty Mid-Small Financial Services are the top 3 best-performing sectors from last Diwali Festive let’s learn what made these sectors shine this Diwali.
Nifty Realty sector has been one of the best-performing sectors in the Indian stock market in the last year. The sector has returned over 50.16% in the last year, outperforming the benchmark Nifty 50 index, which has returned around 7.26% in one year. The major constituents of the index, DLF, Macrotech Developers, Godrej Properties, Phoenix Mills, and Oberoi Realty, have contributed significantly in the last year. The standard deviation of the Realty sector in the previous month stood at 19.68, while its Beta in relation to the Nifty 50 index is 1.07.
The Nifty Mid-Small IT & Telecom sector has been one of the best-performing sectors in the Indian stock market in the past year. The sector has generated a return of over 44.22% in the past year, outperforming the Nifty 50 index by a significant margin. The major constituents of the index, Persistent Systems, Coforge, Tata Elxsi, KPIT Technologies, and Tata Communications, have contributed the most in the last one year. The standard deviation of the Realty sector in the previous month stood at 16.34, while its Beta in relation to the Nifty 50 index is 1.
The Nifty Mid-Small Financial Services sector has been one of the top-performing sectors in the Indian stock market in the last one year. The sector has delivered a return of 41.7% in the last one year, which is higher than the Indian stock market barometer Nifty 50. The major constituents of the index, Power Finance Corporation, REC, Federal Bank, AU Small Finance Bank, and Yes Bank, have contributed to the index. The standard deviation of the Realty sector in the previous month stood at 16.87, while its Beta in relation to the Nifty 50 index is 1.08.
Following table shows the one-year performance of each Nifty Sectoral Indices which is the returns generated from last Diwali to this Diwali from a sector perspective:
| Sector | 1 Month Returns % | 3 Month Returns % | 1 Year Returns % |
| Nifty Realty | 13.36 | 23.67 | 50.16 |
| Nifty Mid-Small IT & Telecom | 3.56 | 8.62 | 44.22 |
| Nifty Mid-Small Financial Services | 2.44 | 9.85 | 41.7 |
| Nifty PSU Bank | -0.89 | 10.49 | 31.65 |
| Nifty Mid-Small Healthcare | 3.04 | 3.05 | 30.75 |
| Nifty Auto | 3.3 | 5.72 | 23.54 |
| NIFTY FINANCIAL SERVICES EX-BANK | 0.84 | 6.2 | 22.31 |
| NIFTY HEALTHCARE | 3.18 | 0.35 | 19.64 |
| Nifty Pharma | 2.57 | -1.19 | 19.45 |
| Nifty FMCG | 1.21 | -0.14 | 17.51 |
| Nifty IT | -4.3 | -0.07 | 9.22 |
| Nifty Private Bank | 0.12 | -1.8 | 8.1 |
| Nifty Media | 1.07 | 7.68 | 8.08 |
| Nifty Bank | -0.46 | -2.64 | 5.43 |
| Nifty Financial Services | -0.5 | -2.72 | 5.28 |
| Nifty Metal | -0.71 | -0.99 | 4.06 |
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Nov 10, 2023, 12:16 PM IST
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