Paytm, Eternal among 12 Nifty India Digital stocks that rose up to 80% in just 6 months
Over the past six months, the Nifty India Digital Index gained 18%, outpacing the Nifty 50’s 13%. Sixteen stocks in the index delivered double-digit returns, with 12 rising 20–80%, highlighting strong investor appetite for high-growth, tech-driven companies.Leading the rally was One97 Communications (Paytm), which surged over 80% in just half a year. Eternal and Intellect Design Arena followed closely, each climbing nearly 60%, fueled by optimism around India’s accelerating digital transformation. However, it wasn’t smooth sailing for all. Traditional IT majors – TCS, Infosys, and Wipro – lagged behind, posting losses of 3–10% and underperforming both the digital index and the broader market. (Source: ACE Equity) Solid Returns
Over the past six months, the Nifty India Digital Index gained 18%, outpacing the Nifty 50’s 13%. Sixteen stocks in the index delivered double-digit returns, with 12 rising 20–80%, highlighting strong investor appetite for high-growth, tech-driven companies.Leading the rally was One97 Communications (Paytm), which surged over 80% in just half a year. Eternal and Intellect Design Arena followed closely, each climbing nearly 60%, fueled by optimism around India’s accelerating digital transformation. However, it wasn’t smooth sailing for all. Traditional IT majors – TCS, Infosys, and Wipro – lagged behind, posting losses of 3–10% and underperforming both the digital index and the broader market. (Source: ACE Equity) Solid Returns
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