Over the past five trading sessions, select smallcap stocks posted gains of up to 27%. Fermenta Biotech led with a 26% rise, followed by Stallion India Fluorochemicals and Rolex Rings. Sectors such as niche pharma, specialty chemicals, auto components, media, IT, and infrastructure witnessed renewed investor interest. The rally highlights heightened volatility, speculative activity, and rapid price discovery in smaller companies.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on