Nifty Smallcap 100 Turns Positive in 2024

  Published 1 year ago

India's Nifty Smallcap 100 turns positive YTD, up 1.6% as mutual fund inflows and strong earnings drive a 34% rebound from April lows.

  • Nifty 50 and Sensex rise 0.4% and 0.3%, while the small-cap index leads with a 1.6% gain.
  • Small caps surged 56% in 2023-24% in 2024, but fell 29% from peak to April 2024 low.
  • Investors added 222 billion rupees to small caps since December, boosting the index for six straight days.

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