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    Vikshita Vitthal Gujaran in Stock Market Update

    29-Mar-2023 06:15 AM


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    Bank vs IT stocks: How these two Nifty heavyweights have fared in past 10 years

    Heavyweight sectors banking and IT together constitute 41 per cent of Nifty50 and 31 per cent of NSE-500 weights to date.
    Further, the average divergence between both indices stood at 37 per cent over 2012-2022, highlighting the obvious but critical role of sector selection in alpha creation, the brokerage said.
    The brokerage also highlights how the relative divergence between these two sectors – banks and IT – has played an important role in determining the relative out/underperformance of the Indian stock market.

    Analysing the yearly performances of key sectoral indices over the last 10 years, Motilal Oswal said that Nifty-50 with other key indices posted a healthy double-digit growth during CY12-22.

    Source -https://www.livemint.com/market/stock-market-news/bank-versus-it-stocks-how-these-two-nifty-heavyweights-have-fared-in-past-10-years-11680002702251.html