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.
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets
Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation
July 8, 2026