Indian equity indices wrapped up July on a high note, achieving their best monthly performance in three months with significant gains. The robust corporate earnings played a critical role in alleviating fears related to rising oil prices. The Nifty and Sensex jumped over 2.5% in the week and nearly 2.1% throughout July.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap