New Delhi, Nov. 26 -- The Nifty Infrastructure Index has outperformed the broader market by a wide margin, delivering 82.8% returns in the last three years, more than double the Nifty 50's 41.5% gain during the same period. The strong momentum reflects rising investor confidence in India's capital-expenditure cycle, accelerating policy reforms and robust public-private investments across roads, power, logistics and utilities.

Over the past one year, Nifty Infra has risen 14%, compared with an 8% gain in the Nifty 50. On a five-year basis, the divergence is even sharper - the infra index has surged 182%, while the Nifty has climbed 100%. The data highlights how infrastructure has evolved into one of the market's most rewarding long-durati...