The Nifty Smallcap 100 index surged 18.4% in April, its third-highest monthly gain since inception. Historical data suggests this could lead to further gains over the next 12 months, though elevated valuations present a potential cap on upside. Experts remain positive on small caps for an 18-24 month view, but caution that current valuations are richer than in prior episodes.
US stocks: US market ends higher as Amazon soothes AI jitters
Wall Street closed higher on Friday, driven by Amazon’s strong quarterly report. The tech giant’s results eased concerns about AI infrastructure spending. Apple’s stock dropped