Some value-oriented funds also did well as the fund managers bet on public sector companies in segments like banks, railways, and defence. Large-cap funds, which need to invest at least 80% of their corpus in the top 100 stocks, trailed due to higher exposure to private banks and IT companies, which underperformed the broader markets.
Nifty surges 300 points as investor sentiment lifts markets. Will the rally last?
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies.
May 23, 2025