Markets ended the week on a cautious note, marking the second consecutive week of consolidation. This subdued performance came amid ongoing global trade tensions and anticipation surrounding domestic policy developments. The benchmark indices, the Sensex and the Nifty, witnessed notable volatility through the week, eventually closing lower as investors reacted to uncertainties over U.S. tariff developments. By the end of the week, the Nifty settled at 24,750.70, while the Sensex closed at 81,451.01.
Despite the broader market consolidation, several smallcap stocks continued to rally sharply over the past month. Gains were seen across sectors such as capital goods, agri, chemicals, IT, and telecom. The top performers delivered monthly returns ranging between 35% and 57%, offering pockets of strength even in a rangebound market.
ETMarkets.com
2/11
HLE Glascoat
HLE Glascoat led the smallcap rally with a one-month gain of 56.91%. The stock also rose 5.6% over the past week, continuing its upward trend in the capital goods segment.
ETMarkets.com
3/11
MMTC
MMTC registered a monthly return of 52.85%, driven by strong momentum in the trading sector. In just the last week, the stock added 35.01%.
ETMarkets.com
4/11
CCL Products (India)
CCL Products (India) , from the agri space, recorded a one-month surge of 49.92%. Weekly gains stood at 10.39%, reflecting sustained investor interest.
ETMarkets.com
5/11
Intellect Design Arena
IT player Intellect Design Arena posted a monthly rise of 48.33%, with an 8.35% advance over the past week contributing to the strong performance.
ETMarkets.com
6/11
eClerx Services
eClerx Services reported a one-month gain of 40.63%. The company’s stock also moved up 5.05% in the most recent week.
ETMarkets.com
7/11
Shilpa Medicare
Shilpa Medicare, operating in the healthcare sector, delivered a return of 39.29% over the past month. The stock also rose 15.18% in the last week.
ANI
8/11
Edelweiss Financial Services
Edelweiss Financial Services registered a 38.18% gain in the past month. Weekly performance showed an 8.08% increase, indicating consistent momentum.
ETMarkets.com
9/11
Mishra Dhatu Nigam
Mishra Dhatu Nigam delivered a monthly gain of 37.84%, backed by strength in the iron and steel space. Over the past week, the stock rose 6.06%.
ETMarkets.com
10/11
Rallis India
Rallis India, from the chemicals sector, posted a one-month gain of 36.32%. In weekly terms, the stock moved up 15.41%.
ETMarkets.com
11/11
ITI
ITI rounded off the list of top performers with a 35.61% rise over the past month. The telecom player also gained 24.23% during the week.
(With inputs Ritesh Presswala)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)