In the past three months, the index has surged by 15 percent, fueled by inflows of over Rs 1.3 lakh crore. Meanwhile, the mid- and small-cap indices have experienced an even more substantial rally, each rising by about 25 percent.
Nifty50 tested its 52-week high at 18,887.60 on December 1, 2022, before it went into the corrective phase but the index has gained about 3 per cent in the last one month.