Over the past three months, the benchmark Nifty50 gained 1.5%, while the Nifty Midcap rose 3.1% and the Small-Cap index advanced 2.8%.
With mid-cap companies continuing to deliver stronger earnings than both large- and small-cap peers, their valuations have also become relatively more attractive. This earnings strength is now reflected in index performance: the mid-cap gauge has outperformed both the Small-Cap index and the Nifty50.
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