Nine Smallcap Stocks Show Resilience Amid Market Decline
Concurrent Gainers: 9 smallcap stocks that rose for 5 days in a row
The Economic Times
Image: The Economic Times
Despite a 1.01% drop in the Sensex benchmark over five trading sessions ending April 2, nine stocks from the BSE small-cap index managed to gain in all sessions. This highlights the resilience of certain small-cap stocks amid broader market volatility.
- 01Sensex benchmark fell 1.01%, losing 749 points.
- 02Nine small-cap stocks gained in all five trading sessions.
- 03The index showed mixed performance, finishing higher in three sessions.
- 04The gains of these small-cap stocks contrast with overall market weakness.
- 05Data sourced from ACE Equity.
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The Sensex benchmark experienced a decline of 1.01%, equivalent to a loss of 749 points, closing at 73,319 on April 2. This downturn occurred despite the index showing positive performance in three of the five trading sessions from March 25 to April 2. The sharp declines in the other two sessions ultimately led to a negative overall performance. However, amidst this market volatility, nine stocks from the BSE small-cap index demonstrated resilience by posting gains in all five trading sessions during the same period. This highlights the potential for certain small-cap stocks to thrive even when broader market indices are under pressure.
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Investors in small-cap stocks may find opportunities despite the broader market decline, potentially leading to gains in their portfolios.
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