Nifty rout hides a striking bull run: Smallcap universe gives 60 multibaggers since last Diwali

The Indian stock market has seen a decline in the Nifty, falling by over 11% since last Diwali. Despite this, smallcap stocks have performed exceptionally well, with 60 of them tripling investors' money. This striking bull run in smallcap stocks is notable, with some companies like Sterlite Technologies experiencing massive growth of 649.7%. This trend suggests that investors should carefully consider valuations and growth potential when making investment decisions.

Why it matters

Smallcap stocks have given 60 multibaggers since last Diwali, indicating a strong performance. This could lead to increased investor interest and confidence in the smallcap segment.

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