The Nifty Smallcap 100 Index surged to a record high of 19,686.65 during early trading on Wednesday, recovering 13% from its November 18 lows of 17,367. This achievement marks a robust rebound following a correction of over 10% from its previous peak in September. The index’s upward momentum underscores the strength in the smallcap segment amid improving market sentiment.
Nifty Smallcap Index Performance Overview
- 1 Day: +0.24%
- 5 Days: +1.92%
- 1 Month: +6.78%
- 6 Months: +9.18%
- Year to Date (YTD): +29.18%
- 1 Year: +34.39%
- 5 Years: +251.04%
The Nifty Smallcap 100 index, with its diversified set of small-cap companies, reflects the broader economic recovery and increased investor interest in high-growth potential stocks. The index’s impressive 251% five-year return highlights its strong long-term investment proposition.
Top Weekly Gainers from the Nifty Smallcap Index
Below are the top-performing stocks from the Nifty Smallcap 100 index this week, ranked by percentage gains:
- ITI Limited
- Weekly Gain: 25.77%
- Monthly Gain: 11.15%
- ITI has led the recovery, supported by recent positive developments in its business portfolio.
- Raymond
- Weekly Gain: 15.78%
- Monthly Gain: 20.23%
- Raymond continues to rally on the back of strong earnings and optimistic outlook in the textile sector.
- Angel One
- Weekly Gain: 13.13%
- Monthly Gain: 23.42%
- Angel One benefits from increasing retail participation in financial markets.
- Triveni Turbine
- Weekly Gain: 11.58%
- Monthly Gain: 32.09%
- Triveni Turbine has been a consistent performer, with a focus on energy-efficient solutions.
- Central Depository Services (CDSL)
- Weekly Gain: 10.64%
- Monthly Gain: 22.34%
- CDSL sees renewed investor interest, driven by strong growth in the depository segment.
- KPIT Technologies
- Weekly Gain: 9.76%
- Monthly Gain: 2.40%
- KPIT remains a key player in automotive engineering, gaining from robust sectoral demand.
- Blue Star
- Weekly Gain: 9.77%
- Monthly Gain: 17.17%
- Blue Star witnesses strong momentum, attributed to increasing demand for cooling solutions.
- Intellect Design Arena
- Weekly Gain: 9.26%
- Monthly Gain: 14.38%
- Intellect Design is gaining from rising adoption of digital banking solutions.
- Cyient
- Weekly Gain: 8.63%
- Monthly Gain: 12.76%
- Cyient capitalizes on its engineering services expertise, backed by sectoral growth.
- BLS International Services
- Weekly Gain: 8.16%
- Monthly Gain: 6.05%
- BLS sees traction, driven by its strong visa and consular outsourcing services.
Swan Energy continues to lead the smallcap index’s rally, with a 34% gain since November 18, emerging as the top performer in the segment. Other notable contributors include ITI Limited (+25.77% weekly), Raymond (+15.78%), and Angel One (+13.13%), all showcasing strong recovery trends.
