The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent.
After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022. The benchmark Nifty50 rose by 5.5 per cent, the most since July 2022, while the S&P BSE Sensex advanced by 4.9 per cent, the most since October 2022.
The gains in the benchmark indices were less than those in the US, Europe, and some Asian markets like South Korea, which saw double-digit gains. The blockbuster month for equities was due to growing risk appetite following a sharp retreat in US bond yields.
Esta historia es de la edición December 01, 2023 de Business Standard.
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