TOP 5 INDEX OUTPERFOMERS IN THE FIRST HALF OF FY25
Published By Veerang Vats | 03 Oct, 2024
In the first half of FY25, several sectors have shown remarkable growth indicating a positive economic outlook and rising consumer confidence despite evolving market dynamics.
Credit : PEXELS
Here's a list of top 5 index outperformers in the first half of FY25:
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Consumer Durables
The Nifty Consumer Durables index has surged by 34.35%, driven by increased consumer spending and heightened seasonal demand.
Credit : PEXELS
Automobile Sector
The Nifty auto index has experienced a remarkable 26.38% increase, driven by rising disposable incomes and higher sales volumes, as consumer confidence continues to improve.
Credit : PEXELS
FMCG Sector
The Nifty FMCG index rose 21.62% in FY25, driven by strong rural demand, urban growth, and e-commerce expansion, reflecting increased consumer spending and premium product offerings.
Credit : PEXELS
Public Sector Undertakings (PSUs)
The Nifty PSE index rose 21.45% from April to September 2024,reflecting strong investor confidence in public sector enterprises amid improving economic conditions.
Credit : PEXELS
Pharma Index
The Nifty Pharma index recorded substantial gains in FY25, driven by an improved earnings outlook supported by US launches and strong profits in the domestic market.