Markets log best performance in 16 months on strong portfolio flows

The Nifty conquered the 10,000 mark, while Sensex rose 5.2% to end above 32,500, an all-time high

Investor optimism towards the Indian markets was on display in July as the benchmark indices posted their best monthly gains since March 2016. 

The Nifty conquered the 10,000 mark for the first time, with a gain of nearly six per cent, while the Sensex rose 5.2 per cent to end above 32,500, an all-time closing high. The stellar show in July has taken the year-to-date gains to more than 21 per cent. The rally was led by blue-chip stocks, with the broader markets underperforming the benchmarks. The BSE MidCap and SmallCap indices have gained five per cent and four per