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Battery materials supply chain: two players have opposite views

After 2 months of decline, midcap and smallcap indices outperformed Nifty in April; will the rally continue?

After 2 straight months of underperformance, the midcap and smallcap indices massively outperformed the benchmark Nifty in the month of April. The Nifty Midcap index jumped 5.8% while the Nifty Smallcap index surged 11.4% in the previous month. In comparison, the benchmark Nifty was up 1.24%.

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