Market rally narrows as liquidity chases fewer stocks; ASK warns of fragile breadth behind India’s outperformance

Even as benchmark indices hit record highs, ASK Investment Managers flags that just 26 stocks drove 60% of the BSE 500’s Rs18-trillion gain in October — a sign that the market’s leadership is thinning out despite the bullish sentiment.

Nov 11, 2025 - 18:00
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Market rally narrows as liquidity chases fewer stocks; ASK warns of fragile breadth behind India’s outperformance
Even as benchmark indices hit record highs, ASK Investment Managers flags that just 26 stocks drove 60% of the BSE 500’s Rs18-trillion gain in October — a sign that the market’s leadership is thinning out despite the bullish sentiment.

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