At least 53 smallcaps from the pack of 250 smallcap index constituents have gained more than 10 percent since March 13, and as many as 113 stocks have recovered more than 5 percent
Aamar Deo Singh provides insights on market trends, emphasizing caution in the current high market environment influenced by global sentiments. Investors are advised to consider diverse sectors and long-term strategies for sustained growth. Singh points out that amid a fierce competition between bears and the bulls, selling is being witnessed at higher levels.
Nifty needs to cross over 22,100 to witness a clear rally towards the all-time high of 22,525, says Rupak De, Senior Technical Analyst, LKP Securities.
Around 52 smallcap stocks delivered double-digit returns and Manoj Vaibhav Gems was the top gainer at 43%. It is followed by eMudhra and Vadilal Industries, whose shares jumped 40% and 25%, respectively.