Nifty 500 Rises 3.5% in May, Led by Key Sectors: Motilal Oswal

The Indian equity market witnessed broad-based gains in May, driven by sectoral momentum and a surprise rate cut by the RBI.

- TBG NETWORK

In May 2025, the Nifty 500 index experienced a robust rise of 3.50 percent, primarily driven by steady gains in key sectors such as Industrials, Consumer Discretionary, and Financial Services, according to an analysis by Motilal Oswal. This positive performance in the broad market was accompanied by some sectoral variations, with the FMCG (Fast-Moving Consumer Goods) and utilities sectors underperforming slightly, registering marginal declines of -0.09 percent and -0.04 percent, respectively.