43 smallcap stocks post double-digit weekly gains amid market consolidation

August 17, 2024

The stock market experienced a bullish week, with 43 stocks posting double-digit gains. Inox Wind Energy spearheaded the small-cap surge with a remarkable 35% gain. Kitex Garments and Suprajit Engineering also impressed with gains exceeding 25%. Gravita India, Panacea Biotech, Inox Wind Ltd, and Sarda Energy delivered robust returns between 20% and 25%, contributing to a positive overall market sentiment.

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The Dixon Technologies stock rebounded from its support near Rs 15,953, with resistance around Rs 17,295. It trades below its 20-day and 50-day EMAs of

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