The index has jumped 1,219 points, or 9%, since October 26 against the 2.8% gains in the Sensex and the 3.1% advance in the Nifty. Six stocks contributed 469 points, or 38%, of the 1,219-point upside in the index. These included Suzlon Energy, BSE, CDSL, Global Health, MCX and Piramal Pharma. Three stocks – Suzlon Energy, BSE and CDSL – contributed 323 points, or close to 27%, of the up-move in the Small-cap index.
Nifty surges 300 points as investor sentiment lifts markets. Will the rally last?
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies.