Indian equities: Two-thirds of Nifty 500 shares commerce beneath final 12 months’s ranges

It has been a bruising 12 months for Indian equities since they started their slide from document highs in September 2024. The Nifty 50, nonetheless 1,623 factors, or 6.8%, wanting its peak of 26,277.35, has swung by way of international wars, tariff shocks, and relentless overseas promoting, leaving two-thirds of the broader Nifty 500 shares beneath 12 months in the past ranges.

Whereas pockets akin to capital markets, defence, PSU banks and fi nancials have managed positive aspects, the broader market image stays weak.

A research from brokerage Samco Securities confirmed that out of the highest 750 listed shares, solely 245 have delivered optimistic returns, whereas 485 shares proceed to commerce decrease (20 shares had been listed after September 26, 2024).

The median return is -11.5%, and the common return of those shares is -6.25%. This highlights that losses are extra widespread than the index alone suggests, stated Apurva Sheth, head of analysis at Samco Securities.

In distinction, buyers who turned to various belongings reaped outsized rewards— Bitcoin surged 79% and gold and silver rallied over 51% — far outpacing the Nifty and Sensex, that are down 6% over the identical interval.