Amid a flat BSE Smallcap index, 38 smallcap stocks surged with double-digit weekly gains. Jindal Photo led with 41% rise, followed by Indo Thai Securities, Indraprastha Medical, GM Breweries, and others.
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
Despite volatile markets, several stocks delivered exceptional returns, with 13 companies gaining 70–200% in three months. HFCL led the rally, while broader market strength created
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