The benchmark Nifty scaled fresh lifetime highs in the past week, but the undercurrent in the broader market remained sharply negative. Several smallcaps corrected violently as investors rotated back into largecaps, locked in profits, and reacted to stretched valuations and thin liquidity in the wider market. The divergence between headline indices and the smallcap universe widened further, with some stocks losing over half their value in just five sessions
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as