Large and midcap indices delivered similar 1-year returns, with Nifty Midcap 100 slightly outperforming Nifty 100. Smallcaps underperformed due to valuation concerns. FIIs favored largecaps amid expensive mid- and smallcap valuations, driving market preference toward stability.
Indian benchmark indices Sensex and Nifty closed lower in a subdued session on Monday, dragged down by losses in information technology stocks after Moodys downgraded the U.S. governments credit rating.
Following Trump's tariff pause in April 2025, the Nifty Healthcare index rebounded strongly, rising 7%. Mutual funds increased holdings in several healthcare stocks, with Syngene International seeing the highest buying. While some stocks like Zydus Lifesciences faced sell-offs, the sector's overall performance remained robust, outperforming the Nifty.
The GIFT Nifty was trading 0.27% or 67 points down at 25,064.50 as of 6:54 a.m., which implied 46 points higher open for the Nifty 50 index. Traders will focus on Divi's Laboratories Ltd., Premier Energies Ltd., KEC International Ltd., Shipping Corp of India, and Sun Pharmaceutical Industries share prices because of the earning released last week.