homephotos Newsmarket Newsstocks NewsHere are the Nifty50 sectoral indices that surged up to 7% this year

Here are the Nifty50 sectoral indices that surged up to 7% this year

SUMMARY

The year 2019 remained a painful year for most sectors due to the US-China tariff war, and this year, it's still the same as coronavirus has single-handedly turned the sentiment of all the global markets to sour. Despite all the concerns, there are sectors that have reported gains so far including Nifty Realty, Nifty IT and Nifty Pharma amongst others. Here's a list of sectors that have reported gains/losses so far this year:

By Mousumi Paul  Feb 11, 2020 2:30:20 PM IST (Published)


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Nifty Realty index since January 1, 2020, has surged over 7 percent in hopes of major government reforms to ease the liquidity crisis. Prior to union budget 2020, the index rallied up to 8 percent, and on February 1, the index slumped up to 8.16 percent during the day. (Image for representational purpose)

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Nifty IT stands as the next most profitable sector that jumped 5.13 percent year-to-date (YTD). On January 1, the index was above its 200-DMA, and since then, it has continued its way upwards and is still trading higher. (Image: Shutterstock)

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