New Delhi, Aug. 22 -- Nifty Next 50 gained 2.82 per cent in July, recording the highest monthly gain among the indices, according to Motilal Oswal Mutual Fund's Global Market snapshot report.

The benchmark Nifty 50 rose 2.17 per cent over the month, while the Nifty 500 gained 2.02 per cent. Broader segments showed positive movement, with the Nifty Midcap 150 advancing 1.60 per cent, the Nifty Smallcap 250 increasing 1.13 per cent, and the Nifty Microcap 250 recording a gain of 0.14 per cent. All indices tracked in the report recorded positive returns for the period ending July 31.

Sectoral performance showed seven of the ten tracked sectors delivering positive returns. Information Technology posted the highest increase at 16.77 per cent...