These mid-cap stocks are relatively outperforming the BSE mid-cap index; do you hold any?

Since September 2022 S&P BSE mid-cap index started falling. However, some stocks outperformed the index. Read on to find out more about such stocks.

Nifty 50 started the session with modest gains at 17,622.85, up from its previous close. This was despite gloomy global trends. Major Wall Street indices finished Thursday’s session in red, amid healthy weekly job claims and hawkish comments from Patrick Harker (Philadelphia Fed President).

This gave rise to fears that the US Fed would continue to aggressively hike interest rates. This in turn increased the likelihood of an economic recession. Nasdaq Composite declined 0.61 per cent, Dow Jones fell 0.3 per cent and S&P 500 plummeted 0.8 per cent in overnight trade. The 10-year US Treasury yield reached its highest level since 2008 increasing to 4.24 per cent.

Nifty 50 ended the session at 17,576.3, up 12.35 points or 0.07 per cent. Frontline indices outpaced broader market indices. Nifty Mid-Cap 100 index was down 0.68 per cent, while Nifty Small-Cap 100 index was up 0.14 per cent. Furthermore, the S&P BSE Mid-Cap index has fallen over 8 per cent since September 2022.

That being said, several stocks have outpaced S&P BSE Mid-Cap Index despite its poor performance. Following is the list of stocks that relatively outperformed S&P BSE Mid-Cap Index in the last one month.