Nifty rout hides a striking bull run: Smallcap universe gives 60 multibaggers since last Diwali
Economic Times 43 min ago·30 Oct 2026, 4:21 am
While the broader Nifty index has faced a rough patch, declining over 11% since last Diwali, the smallcap segment has presented a starkly different picture. This specific group has been a standout performer, with 60 stocks delivering triple-digit returns. For investors in Sterlite Technologies, the gains have been particularly significant, with the stock surging nearly 650% during this period.
This divergence highlights the high-risk, high-reward nature of the smallcap market. While these stocks have the potential to generate substantial wealth, they are also subject to extreme volatility. For retail investors, the key takeaway is the importance of thorough research. It is crucial to look beyond past performance and carefully assess the valuation and future growth prospects of a company before investing.
Excerpt from Economic Times
The stock market in India has encountered a rough patch, evidenced by the Nifty's decline of over 11% since last Diwali. However, smallcap stocks have emerged as stars, with 60 multibagger stocks tripling investors' money; Sterlite Technologies notably climbed 649.7%. Investors are cautioned to consider valuations…Read the original at Economic Times
Affected stocks
Neutral1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Sterlite Technologies (STLTECH).
- Category: Stocks.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development for Sterlite Technologies and could move the stock. Use the price and stock snapshot to gauge how the market is responding.
