Index has been consolidating between 23,400 and 23,800 zones from the last four trading sessions with a hurdle near the 50-day exponential moving average, and now requires a hold of 23,333 zones with follow-up action to commence the next leg of rally towards 24,120 levels.
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
August 25, 2026