Smallcap Stocks News Today

Newgen Software Tech was the top gainer from the smallcap pack, offering 27% returns. It was closely followed by Max Estates and Shakti Pumps, both gaining 21% each.

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%.

The BSE smallcap index rallied nearly 10%, while the midcap index jumped over 7%. Within the smallcap space, over 500 stocks have delivered double-digit returns with the highest gain (Puravankara) going as high as 86%.

FIIs and mutual funds consistently increase stakes in 12 smallcap stocks for four quarters, yielding up to 203% returns. Notable stocks include Dixon Technologies, Electronics Mart India, and Welspun Corp.

Post 2015 and then again in 2018, RBI did a strong rejig in various banking policies, right from capital adequacy to the operational matrix, to loan disbursement mechanism. In sectors like banking when a regulatory rejig takes place, every player has to follow a new set of rules. It is not possible for any entity to escape the regulatory regime. This leads to a situation where entities which are large or are already following best practices are able to make transition to a new regime in a short ...

Indian markets faced pressure from Middle East concerns, impacting smallcap stocks returns. Top gainers included Moschip Technologies, Solara Active Pharma, and Dhani Services.

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India is increasingly becoming a logical choice for investors globally amid a slowdown in China, says Mark Mobius. However, markets are yet to witness a significant shift in investment flows from China to India, he said

I do not think there is a debate on the credit quality of banks in general. Provision numbers are very good. Bank balance sheets looks good. And for whatever reason the credit cost has been very moderate even on the retail side.

The strong rally in smallcap stocks drove the BSE Smallcap index 6% higher last week. Meanwhile, benchmark S&P BSE Sensex gave just 0.8% returns.