Nifty Smallcap 250 Index nears bull market after 20% rebound
Updated
Updated · Bloomberg · May 6
Nifty Smallcap 250 Index nears bull market after 20% rebound
7 articles · Updated · Bloomberg · May 6
The Indian gauge rose 1% in early Wednesday trading, putting it on track to become the first of the country's broader market segments to hit that milestone.
The move signals a return of investor risk appetite after months of steep losses in small-cap shares.
The rebound marks a sharp turnaround for a segment that had been among the hardest hit during the recent market downturn.
After a 20% surge, is the Indian small-cap rally a genuine recovery or a bubble about to burst?
Are Indian investors ignoring the same geopolitical risks that are causing foreign funds to flee the country?
Can record domestic buying shield India's market from soaring oil prices and intensifying global conflict?