Smallcap stocks rallied this week, with some hitting 52-week highs. Easing food inflation and rising US spending expectations boosted sectors like FMCG and IT. Centum Electronics led the gainers with a 36.8% surge, followed by Sunflag Iron and Steel at 27%.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created