The runaway rally in the gauge — in which auto firms, paint makers, and Tata group’s jewellery arm hold more than one-third weight — has outpaced the 47% advance in the Sensex and 19% rise in the BSE FMCG index, in which firms selling household staples hold most weight.
The discretionary goods index did well partly on account of pent-up demand and rising preference for personal mobility, says Deepak Jasani of HDFC Securities.
To read the full story, Subscribe Now at just Rs 249 a month
Already a subscriber? Log in
Subscribe To BS Premium
₹249
Renews automatically
₹1699₹1999
Opt for auto renewal and save Rs. 300 Renews automatically
₹1999
What you get on BS Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Need More Information - write to us at assist@bsmail.in