Large-cap stocks steal the show in August; Sensex up over 9%

Investors seem to have shifted their focus to large-caps, with the benchmark indices outperforming the small- and mid-cap indices for the first time this year in August.
 
The blue-chip focused Sensex and Nifty rose 9.4 per cent and 8.7 per cent, respectively, while the Nifty Midcap 100 rose 2.2 per cent, and Nifty Smallcap 100 fell 2.5 per cent. The strong showing in August was supported by domestic investor inflows, say experts.
 
“We have had 12 months of really strong foreign flows until June. But this quarter, we have seen softness in FPI flows. But domestic flows are