New Delhi, March 27 -- Indian stock markets have witnessed a strong comeback in March, bouncing back from a prolonged sell-off that began in October 2024. The steep decline over the past five months had made Indian equities among the worst-performing markets globally, raising concerns among investors.

Both the Nifty 50 and Sensex have gained almost 7 percent so far this month, marking their best monthly performance since June 2024. This sharp rise signals a much-needed recovery for the benchmark indices, which had been reeling under the pressure of persistent foreign portfolio investor (FPI) outflows, rising US bond yields, and valuation concerns.

The revival has not been limited to large caps. Mid- and small-cap stocks, which were heav...