Indian economy a ‘bright spot’ while Japan, UK fall into technical recession: What this means for the global market? The Nifty-50 index remained relatively unchanged, while the Nifty Next-50 showcased robust performance, outpacing blue chips with a gain of 3.7%. Midcap 150 stocks surged by 4.7%, and Smallcap 250 stocks soared by an impressive 7.3%, according to insights report by Geojit. However, the Microcap 250 segment saw the most significant increase, with gains of 9.9%, indicating a broad-based rally across various market segments.
The broader indices were hovering close to their 52-week highs, experiencing fluctuations ranging from -1.8% to -0.1% by January end, the report further said. Despite minor dips, the overall trajectory remained near peak levels, reflecting sustained market strength. Investors closely monitored these indices, anticipating potential shifts in market sentiment and considering strategic investment moves based on the prevailing trends.
Also read: Nifty 50 Junior outperforms Nifty 50 in February; 12 stocks surge up to 30% Gold experienced a slight decrease of -0.6% in its value, while silver saw a more significant decline of approximately -2.2% in India. These changes reflect the ongoing fluctuations in precious metal markets, influenced by various factors such as economic indicators, investor sentiment, and geopolitical developments. Over the past month, the 10-Year Benchmark Government Security (G-Sec) yields have continued to decline, reaching approximately 7.14%, reflecting a decrease of around -0.4%.
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