Microcap stocks steal show in April, outpace, Nifty, smallcap, midcaps, largecaps. What’s driving the surge?

May 2, 2026

Indian equities surged in April 2026, led by strong gains in mid, small, and microcaps despite persistent macro risks, foreign outflows, and currency weakness. Market performance diverged from fundamentals, which remained stable, suggesting price-driven momentum rather than earnings-led improvement across segments.

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Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for

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Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?

Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until

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