These 50 smallcaps rise 12-40% as Sensex settles volatile week; do you own?
Live MintAs many as 50 smallcap stocks logged a double digit rise in their stock prices - in the range of 12-40 per cent last week, as the 30-share BSE Sensex ended October's second week with a modest gain of 0.5 per cent after five days of volatile sessions over geopolitical concerns arising on the Israel-Hamas conflict. While India's September retail inflation eased to a three-month low of 5.02 per cent, the rise in US consumer prices dragged global stocks. On the stock-specific front, as many as 50 smallcap stocks logged gains in the range of 12 per cent - 40 per cent last week, outperforming the index. “Domestic equity markets returns were in the positive territory this week despite some global concerns like elevated global interest rates, geopolitical unrest in the Middle East and continued stress in the Chinese real estate sector.