The Nifty Midcap index rose 0.99% to 11,247.00 in early trade, reflecting strong buying interest in midcap stocks. Several sectoral leaders posted significant gains, boosting overall market sentiment.
Godrej Properties led the pack, climbing 4.26% to ₹2,060.05, followed by Voltas, which gained 3.82% to trade at ₹1,273.75. Idea Cellular saw an uptick of 2.85% at ₹8.30, while Indian Hotels Company (IHCL) added 2.71% to reach ₹741.55. Dixon Technologies also surged 2.18% to ₹14,311.55.
Polycab India rose 2.19% to ₹5,555.85, and Container Corporation of India (Concor) was up 1.83% at ₹691.25. HDFC AMC recorded a 1.71% increase to ₹3,801.65, while Hindustan Petroleum Corporation Ltd (HPCL) moved up 1.16% to ₹323.65. Persistent Systems gained 1.34% at ₹5,874.80, and Coforge advanced 1.12% to ₹7,778.35.
The midcap segment continues to draw investor attention amid broader market optimism, with key stocks showing resilience and sustained buying interest. Analysts suggest that midcap stocks remain an attractive space for growth-focused investors.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.
