Looking at the yearly performance, 7 out of the 10 stocks in Nifty Realty achieved multibagger returns in last one year. Sobha led the pack with a remarkable gain of nearly 290%, followed by Prestige Estates Projects with a gain of 238%.In recent years, real estate stocks have distinctly excelled in the Indian financial markets. Setting new record highs and consistently achieving significant milestones became a regular occurrence for the majority of stocks in this sector.

Chris Wood of Jefferies has introduced the Infrastructure theme in the portfolio with a 4 percent weightage. To accommodate the new inclusion, he has reduced weights in ICICI Bank and HDFC Bank by 1 percentage point each and Axis Bank by 2 percentage points.

Indian equity benchmark indices BSE Sensex and NSE Nifty staged a recovery in afternoon trade after tanking as much as 8 per cent as trends suggest weaker majority for BJP-led NDA. Sensex closed 4,389.73 points, or 5.74 per cent lower at 72,079.05 while Nifty settled 1,379.40 points, or 5.93 per cent lower at 21,884.50.