 "Investors didn't sell in May as Sensex posted biggest monthly gains of 2021")
Investors were in no mood to sell in May as the benchmark Sensex posted its biggest monthly gain of 2021 at 6.5 per cent.
Snapping out of last month’s underperformance, the domestic markets delivered returns better than its global peers. India’s market capitalisation also topped the $3 trillion mark for the first time during the month.
Snapping out of last month’s underperformance, the domestic markets delivered returns better than its global peers. India’s market capitalisation also topped the $3 trillion mark for the first time during the month.
The benchmark Nifty surpassed its previous record highs made in February. The gains were broad-based with call sectoral indices of the BSE as well as the NSE ending the month in the green. The small- and midcaps continued to outperform, however, the gap narrowed significantly compared to the previous month.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%