Investors who focused on specific sectors and themes have fared better than those who bet on benchmark indices in 2025, which has been a rollercoaster year for the stock market, according to an ET study.
The benchmarks Sensex and Nifty moved up 4.5% and 5.6%, respectively, this year, while NSE Defence, Capital Markets, Auto, Bank, Metal, and India Consumption indices gained between 7% and 19% in 2025.
Out of the 13 sectoral and thematic indices used in the study, seven have advanced and six have declined this year. While most of the indices saw a mix of outperformers and laggards, Nifty’s IT index only had laggards.
Agencies
Agencies
In contrast, in the 12-share Nifty Bank index, only IndusInd Bank has declined this year. The index is up 9.8% year-to-date.