<p id="thickbox_headline">After hitting an all-time high in mid-October, benchmark equity indices Sensex and Nifty tanked around 9 per cent on the back of a strong selling pressure by Foreign Institutional Investors (FIIs).</p>.<p>Lately, risks of another wave of Covid-19 emanating from the Omicron variant also somewhat dented the broader market sentiment among the investors.</p>.<p>On October 19, the Sensex had hit the record high of 62,245 points, while on Friday it closed at 57,124 points, almost a decline of 9 per cent.</p>.<p>Same is the case for the Nifty. It fell around 8 per cent from 17,155 points to 17,003 points.</p>.<p>FIIs have reportedly sold assets worth $2 billion in the Indian market during the past two-and-a-half-month period.</p>.<p>Besides, high valuations in the shares are another concern facing the market, analysts had said.</p>.<p>However, bucking the downtrend, several mid-cap stocks have outperformed the broader market and returned healthy returns to its investors.</p>.<p>Those stocks are Schaeffler India, Anupa Rasayam India, KPIT Technologies, Max Healthcare Institute, Birlasoft, Radico Khaitan, Escorts, Metropolis Health, Minda Industries.</p>.<p>Among them, shares of the Minda Industries rose the highest by nearly 60 per cent since mid-October, data showed.</p>
<p id="thickbox_headline">After hitting an all-time high in mid-October, benchmark equity indices Sensex and Nifty tanked around 9 per cent on the back of a strong selling pressure by Foreign Institutional Investors (FIIs).</p>.<p>Lately, risks of another wave of Covid-19 emanating from the Omicron variant also somewhat dented the broader market sentiment among the investors.</p>.<p>On October 19, the Sensex had hit the record high of 62,245 points, while on Friday it closed at 57,124 points, almost a decline of 9 per cent.</p>.<p>Same is the case for the Nifty. It fell around 8 per cent from 17,155 points to 17,003 points.</p>.<p>FIIs have reportedly sold assets worth $2 billion in the Indian market during the past two-and-a-half-month period.</p>.<p>Besides, high valuations in the shares are another concern facing the market, analysts had said.</p>.<p>However, bucking the downtrend, several mid-cap stocks have outperformed the broader market and returned healthy returns to its investors.</p>.<p>Those stocks are Schaeffler India, Anupa Rasayam India, KPIT Technologies, Max Healthcare Institute, Birlasoft, Radico Khaitan, Escorts, Metropolis Health, Minda Industries.</p>.<p>Among them, shares of the Minda Industries rose the highest by nearly 60 per cent since mid-October, data showed.</p>