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Banking Stocks Led The Way During The June Series With The Nifty Bank Posting Its Best Ser

Banking stocks led the way during the June series with the Nifty Bank posting its best series of the year so far and second-best for the Nifty. The Nifty Bank g


Banking stocks led the way during the June series with the Nifty Bank posting its best series of the year so far and second-best for the Nifty. The Nifty Bank gained 12 percent while the Nifty gained over 8 percent during the June F&O series. Broader market indices outperformed i.e. Nifty Smallcap posted its best series of the year and the Midcap gauge posted its second-best of the year so far.

The Small & Midcap indices gained 18 and 14 percent respectively during the same time. All sector indices gained in the series with FMCG, Pharma and IT index underperformed by gaining less than 10 percent each.

The PSU Bank index was the best sector performer with a gain of over 30 percent followed by the Realty index with a gain of more than 20 percent. Nifty Auto, Media, Infra, and Pharma extended their gain to 3 series in a row. The volatility gauge, India VIX, declined for the 3rd series in a row.

Banking stocks led the way during the June series with the Nifty Bank posting its best series of the year so far and second-best for the Nifty. The Nifty Bank gained 12 percent while the Nifty gained over 8 percent during the June F&O series. Broader market indices outperformed i.e. Nifty Smallcap posted its best series of the year and the Midcap gauge posted its second-best of the year so far.

The Small & Midcap indices gained 18 and 14 percent respectively during the same time. All sector indices gained in the series with FMCG, Pharma and IT index underperformed by gaining less than 10 percent each.

The PSU Bank index was the best sector performer with a gain of over 30 percent followed by the Realty index with a gain of more than 20 percent. Nifty Auto, Media, Infra, and Pharma extended their gain to 3 series in a row. The volatility gauge, India VIX, declined for the 3rd series in a row.

Banking stocks led the way during the June series with the Nifty Bank posting its best series of the year so far and second-best for the Nifty. The Nifty Bank gained 12 percent while the Nifty gained over 8 percent during the June F&O series. Broader market indices outperformed i.e. Nifty Smallcap posted its best series of the year and the Midcap gauge posted its second-best of the year so far.

The Small & Midcap indices gained 18 and 14 percent respectively during the same time. All sector indices gained in the series with FMCG, Pharma and IT index underperformed by gaining less than 10 percent each.

The PSU Bank index was the best sector performer with a gain of over 30 percent followed by the Realty index with a gain of more than 20 percent. Nifty Auto, Media, Infra, and Pharma extended their gain to 3 series in a row. The volatility gauge, India VIX, declined for the 3rd series in a row.

 

 

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