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
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG