The Midcap 100 index gained in line with the Sensex after rising 14 per cent in the previous quarter. Meanwhile, India was the best-performing major market globally followed by Indonesia and New Zealand, which rose about 5 per cent each. Hong Kong and Brazil were the worst-performing major markets as they fell 14.8 per cent and 12.4 per cent respectively.
Nifty Realty index rose nearly 50 per cent during the quarter and touched levels last seen in 2010. The Nifty IT index was the second-best performing sectoral index with 20 per cent gain, even after coming off sharply in the last few sessions. Bajaj Finserv and Bharti Airtel delivered the highest gains among Nifty components, while UPL and Dr Reddy’s posted double-digit fall.
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