In a notable turn of events, the Nifty Midcap 100 index has achieved a historic high of 62,113.85, reflecting a 3.5% increase over the past week. This rise comes as the Nifty Smallcap 100 also gained 4%, nearing its record level of 19,224.95. The broader indices outperformed benchmark indices like Sensex and Nifty, which faced declines due to ongoing concerns over crude oil prices linked to the Iran-US conflict and a depreciating rupee. The Sensex closed down 0.5% at 77,328, while Nifty settled below 24,200. Notably, stocks such as Yes Bank, Bharat Heavy Electricals (BHEL), and Coforge were among the top gainers, contributing to the midcap and smallcap rally. Despite the positive performance of these indices, FIIs were net sellers, offloading shares worth Rs 110.7 billion, while DIIs provided crucial support by purchasing shares worth Rs 213.9 billion. Overall, the total market capitalization of BSE-listed companies increased by over Rs 10 lakh crore during the week.